StarkWare has announced a round of layoffs and a strategic business restructuring, as stated by co-founder and CEO Eli Ben-Sasson. The company aims to streamline operations by reducing its workforce, returning to a startup mode to accelerate commercialization efforts. The restructuring will divide StarkWare into two main business units: a revenue-focused applications department and a reorganized Starknet development department. Each unit will have its own dedicated engineering, product, and marketing teams. The company plans to concentrate on core business areas with high revenue potential moving forward.