According to Business Insider, Tools for Humanity, the developer behind the crypto identity project World (formerly Worldcoin), co-founded by Sam Altman, is undergoing internal layoffs. Despite previously securing massive funding at a $2.5 billion valuation from firms like a16z, the profitability of its iris-scanning device Orb and regulatory pressures remain challenging. The exact number of layoffs has not been disclosed, but an internal email stated that this was a tough decision made to align with the company’s 'next step' strategic direction. https://(wublock123.com)/news/worldcoin-developer-tools-for-humanity-layoffs-62461