📉 DCG confirms layoffs at Foundry, cutting 16% of U.S. staff and a small team in India. 🪓 This follows similar moves across DCG subsidiaries:
📰 CoinDesk cut 45% of its editorial team in August.
💼 HQ, its wealth management arm, was shut down in January.
💡 The crypto industry continues to face challenges, prompting restructuring and cost-cutting measures.
