Wu Shuo has learned that Algorand Foundation stated that due to global macroeconomic uncertainty and the downturn in the crypto market, it has laid off approximately 25% of its staff; the foundation stated that this move aims to make resource allocation more aligned with the protocol's long-term business, technology, and ecosystem development priorities, and will continue to advance Algorand network and ecosystem construction. Since 2026, multiple institutions including PIP Labs, Gemini, and Polygon have also successively conducted layoffs.