StarkWare announces layoffs and business restructuring. Co-founder and CEO Eli Ben-Sasson stated that the company had become 'too large' and will return to a startup mode by downsizing staff to accelerate commercialization. After the restructuring, the company will be divided into two main business units: a revenue-focused applications division and a restructured Starknet development division, each with independent engineering, product, and marketing teams. The company emphasized that it will focus on core business areas with high revenue potential in the future. (The Block) https://(wublock123.com)/news/starkware-layoffs-and-restructure-59449