Bitcoin Mining Pool Foundry Reportedly Reduces Workforce by 60%

Foundry, a major mining pool and a subsidiary of DCG, laid off 60% of its staff. These layoffs targeted the company’s non-core functions, including its entire hardware team and a possible future sale of mining site operations. However, DCG founder Barry Silbert is also launching new projects, with the Yuma AI Ecosystem Accelerator debuting last week. Massive Layoffs at Foundry Foundry, the... source: https://beincrypto.com/foundry-layoffs-bitcoin-mining-dcg/