Sam Altman’s Worldcoin-linked startup reportedly lays off staff

Tools for Humanity, the company behind Sam Altman’s World identity project, is reportedly laying off employees as it streamlines operations and cuts costs. The firm, known for its Worldcoin iris-scanning technology, is trying to expand globally while facing mounting operational pressures.

The development comes as OpenAI moves closer to a potential IPO. While OpenAI attracts strong investor confidence, Tools for Humanity continues to face regulatory scrutiny, privacy concerns, and challenges in building a sustainable business model despite partnerships with major tech platforms.