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DCG-Backed Bitcoin Miner Foundry Cuts 60% of Workforce: Report

source-logo  coingape.com 04 December 2024 04:20, UTC

Bitcoin mining firm Foundry has implemented a job cut that impacted as many as 60% of its workforce. According to a Blockspace report citing anonymous sources, the firm’s layoff exercise spanned staff in the United States and international offices. With a staff strength of 250, the number of employees left is now just about 80 to 90.

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