Wu Shuo 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 said this move aims to align resource allocation more closely 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 announced layoffs in succession.