Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Media: ConsenSys can reduce up to 60% of employees

    Media: ConsenSys can reduce up to 60% of employees

    0
    By BlockchainJournal on December 20, 2018 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The blockchain startup ConsenSys can lay off 50-60% of its employees, not 13%, as previously reported . About this writes The Verge .

    According to the documents at the source’s disposal, ConsenSys is actively reviewing its portfolio of blockchain projects, either reducing its composition or cutting back funding for start-ups.

    To date, the company has supported approximately 36 different start-ups, with teams of between five and 50 people working in their teams. In general, the state of ConsenSys out of 1,200 people can be reduced by at least 50%.

    Founded in October 2014, ConsenSys is focused on the development of the Ethereum network ecosystem. The new strategy, the head of ConsenSys Joseph Lubin announced in early December. In particular, he told staff that the company will tighten standards for supported startups.

    Recall one of the latest acquisitions of ConsenSys is the space company Planetary Resources .

    Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    blockchain Employees ethereum Featured Network
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    JPMorgan raises Coinbase to $300; estimates $34 billion in the Base token valuation

    October 24, 20252 Mins Read

    Botanix Labs launches Bitcoin sidechain to activate dormant corporate treasuries

    October 24, 20253 Mins Read

    HBAR at $0.170: Death Cross threatens Hedera’s price recovery and $0.200 target

    October 24, 20252 Mins Read

    Pudgy Penguins Price Prediction: PENGU Drops 69% From ATH But Whales Accumulate Millions

    October 24, 20252 Mins Read

    Five Members Plead Guilty in Ring That Laundered $7.9M in Crypto

    October 24, 20252 Mins Read

    Alarm: $800B Gap in Altcoin Market as Retailers Shift to Stocks

    October 24, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.