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ConsenSys Joins Crypto Layoffs with 11% Workforce Cut

ConsenSys Joins Crypto Layoffs with 11% Workforce Cut

ConsenSys, a cryptocurrency software company, has confirmed its plans to cut 11% of its current workforce, which translates to almost 100 positions. Joseph Lubin, CEO of the company, announced the planned changes on Wednesday.

ConsenSys to Cut its Workforce

The collapse of Terra in May and FTX in November caused the entire crypto ecosystem to suffer, affecting many cryptocurrency firms, including ConsenSys. The company now wants to focus on its core business, cut operating costs a... Read More

Posted: Jan 19 2023, 10:10
Author Name: financemagnates
Views: 102496

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