Algorand Foundation Cuts 25% of Staff Amid Crypto Downturn
2026-03-19
The Algorand Basis introduced a 25% workforce discount on March 18, 2026, affecting roughly 50 employees from a complete of fewer than 200. The layoffs got here in the future after US regulators issued joint steerage classifying ALGO as a digital commodity moderately than a safety. The layoffs coincide withContinue Reading