Consensys lays off 7% to increase profits while continuing to recruit for new positions.

[Coin World] Ethereum co-founder Joseph Rubin's software company Consensys is currently planning to lay off 49 people, which accounts for about 7% of the total workforce. A company spokesperson stated that this restructuring is aimed at improving overall profitability. Consensys recently acquired a startup with about 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.

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Hash_Banditvip
· 07-24 11:02
bearish signal detected... consensus getting rekt just like mining profits in 2018 smh
Reply0
CryptoDouble-O-Sevenvip
· 07-22 15:10
Layoffs and recruitment go hand in hand, truly know how to play.
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GasFeeVictimvip
· 07-22 15:07
It's refreshing the KPI again, just let it be.
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OnchainHolmesvip
· 07-22 15:02
Is that it? After cutting, you hire again?
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ValidatorVikingvip
· 07-22 14:47
typical validator politics... battle-tested teams getting axed while new blood flows in smh
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