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Worldcoin parent Tools for Humanity cuts jobs amid strategic shift and regulatory pressures.

Market News
09 Jun 2026
BeInCrypto
View Source
Bearish
pluang ai news

Tools for Humanity, the startup behind Worldcoin and co-founded by Sam Altman, is laying off staff as part of a strategic reset. The company, valued at $2.5 billion, will reveal details of its new strategy at a town hall meeting. The layoffs come amid ongoing regulatory challenges, including fines in South Korea and restrictions in Brazil. Meanwhile, Altman's other venture, OpenAI, is moving forward with a confidential IPO filing, highlighting diverging paths for his companies.

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