Consensys plans to lay off 49 employees, accounting for approximately 7% of its total workforce
Foresight News reports, according to Bloomberg, that Consensys, the software company founded by Ethereum co-founder Joseph Lubin, is currently planning to lay off 49 employees, accounting for about 7% of its total workforce. A company spokesperson stated that this restructuring aims to enhance overall profitability. Consensys recently acquired a startup with around 30 employees, who will remain with the company. At the same time, the company still plans to continue hiring for other positions. Consensys’s largest office is located in Brooklyn.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
