Chainalysis announced it would cut about 150 of its 900 employees, following the layoff of 4.8% of its workforce in February. Chainalysis has decided to scale back its offerings to the private sector and focus on contracts with government agencies. 💼🔍 However, the company will continue to develop new software solutions. Chainalysis Vice President of Communications Madeleine Kennedy said the company's financial position is stable and these cuts are aimed at ensuring future stability.