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ConsenSys Layoffs Mark Freezing Point in Crypto Winter

Published 12/07/2018, 04:57 AM
Updated 12/07/2018, 06:01 AM
 ConsenSys Layoffs Mark Freezing Point in Crypto Winter

ConsenSys, one of the biggest Ethereum (ETH) developer hubs, has felt the effects of the bear market, recently letting go of up to 13% of its staff. Only a day after the publication of a Forbes profile of the Ethereum hub, CEO Joe Lubin sent out an email to employees to announce the reduction of “mesh members.” The layoffs have affected some of the supporting teams that work along with the “spokes,” or semi-independent startups within the Ethereum ecosystem.

This article appeared first on Cryptovest

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