2024-10-29 16:15 |
Ethereum developer Consensys has announced massive layoffs
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ConsenSys, the blockchain software firm behind the popular crypto wallet MetaMask, is laying off a significant portion of its workforce, founder and chief executive officer Joseph Lubin announced. The layoffs will impact about 20% of the company’s staff, Lubin said…
2024-10-30 17:50 | |
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The biggest news in the cryptoverse for January 18 saw rumors circulate suggesting that Genesis is preparing a prepackaged bankruptcy filing. The post CryptoSlate Wrapped Daily: Genesis reportedly preps for bankruptcy filing; ConsenSys plans layoffs appeared first on CryptoSlate.
2023-1-19 01:30 | |
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Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018.
2022-6-3 17:18 | |
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ConsenSys is laying off dozens more staffers, two people familiar with the matter tell CoinDesk.
2020-4-21 18:50 | |
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ConsenSys announced on Jan. 4 that it would be cutting the company’s headcount by 14%. This comes after a similar round of painful layoffs in December 2018. Although the crypto...The post Second Round of ConsenSys Cuts Far Less Painful, Says Insider appeared first on Cryptocurrency News.
2020-2-5 18:34 | |
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Joseph Lubin, the co-founder of Ethereum and one of the crypto titans, accurately called the bottom of the 2018 bear market. Amidst the mass layoffs and restructuring of ConsenSys, and contrary to the “epic amount of fear, uncertainty, and doubt” in the market, Lubin asserted the industry has a “very bright” and exciting future.
2019-5-4 12:00 | |
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Companies and organizations in the field of cryptocurrencies have been trying hard to go mainstream, despite the significant losses incurred over the bear run that occurred over the past few months.
2019-4-16 10:15 | |
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The Singapore based NEM Foundation is the latest to suffer from the prolonged bear market as it faces bankruptcy fears and axes staff. In recent months a number of crypto companies including Bitmain, ConsenSys, Huobi and Blockfolio have downsized and cut staff in the midst of the ever deepening crypto winter.
2019-1-31 10:16 | |
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ConsenSys, ShapeShift, Bitmain, and Huobi are among the notable crypto upstarts that have announced layoffs in recent weeks, citing bids to extend their financial runways. However, other Bitcoin-friendly companies have bolstered their war chests through other mediums, accentuating that venture investors haven’t shirked away from this budding sector.
2019-1-27 00:00 | |
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A few weeks ago, a report spread on the internet regarding ConsenSys firing between 40% and 60% of the company’s staff after the bear market that affected the industry during 2018. However, the recent layoffs at the blockchain software company do not exceed 10 percent of the staff. This is according to the company’s Executive […]
2019-1-22 14:13 | |
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ConsenSys exec Vanessa Grellet said that recent layoffs affect no more than 10 percent of employees and mainly affected support staff
2019-1-22 23:16 | |
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The crypto-winter is affecting billion-dollar players in the cryptocurrency market. After the much-publicized layoffs at ConsenSys, SpankChain, and Steemit, mining equipment manufacturer Bitmain is reportedly cutting down 50 percent of its total workforce, alongside shutting down its entire Bitcoin Cash (BCH)-focused division.
2018-12-27 05:04 | |
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A recent Twitter thread from Ethereum’s co-founder calls “the cryptobottom of 2018," defends ConsenSys layoffs
2018-12-23 02:58 | |
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Tron CEO has spoken again concerning Ethereum developers, this time asking them to apply to Tron for job opportunities. According to a Twitter post today 22 December 2018, Sun said Tron will be happy to welcome Ethereum and Consensys staff to work with them.
2018-12-22 19:19 | |
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Previously, ConsenSys announced relatively minor layoffs at some of its side projects, but the Ethereum product builder is reportedly planning to restructure more heavily.
2018-12-21 16:44 | |
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Ethereum incubator Consensys is to cut 50 to 60 percent of its employees. The blockchain software company has already laid off 13 percent of its workforce in order to survive the bear market. According to one source, lack of product, wild ideas and an inability to sell technologies has made Consensys’ position financially precarious.
2018-12-21 13:45 | |
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Chat logs obtained from a ConsenSys town hall last week reveal a mix of shock and support following the company's announced layoffs.
2018-12-11 19:35 | |
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Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
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Shortly after a wave of layoffs at the Ethereum company ConsenSys, TRON founder Justin Sun offered to help all Ethereum and EOS developers transferring their projects to TRON. The day before, the BitGuild games platform had already done just that.
2018-12-8 04:29 | |
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ConsenSys, the blockchain behemoth powering a swathe of Ethereum-related software, is letting 13 percent of its staff go in a bid to retain a sense of viability. The company confirmed what many believed would be inevitable: the exponential growth enjoyed by Joseph Lubin’s decentralized business experiment can’t, and won’t, go on forever.
2018-12-7 17:43 | |
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The Ethereum production startup announced a 13% reduction in its staff just as the ETH market price veered below $100.
2018-12-7 12:57 | |
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In a statement shared Thursday, ConsenSys announced that it is letting go 13 percent of its staff.
2018-12-7 21:33 | |
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The employees of ConsenSys, the Ethereum hub company created by Joseph Lubin, the co-creator of the Ethereum network, have received an ominous email last Friday night, November 30. According to the email, sent by Lubin himself, ConsenSys would change and would suffer a massive strategic shift.
2018-12-6 04:28 | |
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A strategic shift is in the works at ConsenSys, the sprawling venture studio dedicated to building ethereum-based businesses and products.
2018-12-6 20:30 | |
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