Mar 19, 2026

Algorand Foundation Cuts 25% of Staff Amid Crypto Downturn

19th March, 2026: The Algorand Foundation has announced a 25% workforce reduction amid persistent global macroeconomic uncertainty and the prolonged downturn in crypto markets. The nonprofit organization, which previously employed fewer than 200 people, described the decision as difficult but necessary to create a leaner structure aligned with the protocol’s long-term priorities in technology, business, … Algorand Foundation Cuts 25% of Staff Amid Crypto Downturn Read More »