Algorand Foundation Cuts 25% of Staff as Crypto Industry Layoffs Grow

The organization behind layer-1 blockchain Algorand laid off 25% of its staff due to macroeconomic uncertainty and lower bitcoin-gives-up-75k-spike.html" class="story-link" title="'Extreme Fear' Hits Crypto Markets After Bitcoin Gives Up $75K Spike">crypto prices.

• Algorand Foundation and Algorand Technologies Unify Ecosystem Operations Through Strategic Agreement
  r/cryptocurrency
• Algorand Foundation Cuts Workforce By 25% Amid Market Uncertainty
  r/cryptocurrency
• Algorand Foundation Cuts 25% of Staff as Crypto Industry Layoffs Grow
  r/cryptocurrency
• Algorand Foundation Cuts 25% of Staff as Crypto Industry Layoffs Grow
  Decrypt

• 'Extreme Fear' Hits Crypto Markets After Bitcoin Gives Up $75K Spike 63.0%
• Crypto for Advisors: Bitcoin’s price discovery 26.0%
• LA Rideshare Driver Charged With Using $2M in COVID Relief Funds to Buy Crypto 26.0%
• Scalper Maxi one of the biggest gamblers on HL is now ~150 Million Short Crypto and 5 Million Long Oil 26.0%
• Crypto markets – and the American people – deserve clarity 52.0%