2018-12-21 05:05 |
Blockchain tech company ConsenSys is reportedly spinning out startups it previously supported, and could cut up to 60 percent of its staff
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According to a report in The Verge, Ethereum network startup incubator ConsenSys might be about to let go of around 50 to 60 percent of its staff. The publication spoke to undisclosed insiders familiar with the company who painted a dire picture of its current financial standing.
2018-12-21 00:30 | |
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ConsenSys 'spokes' are being offered the option to seek outside funding or accept severance packages, sources tell CoinDesk.
2018-12-20 20:40 | |
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During the bearish cryptocurrency winter, many blockchain and cryptocurrency-related companies laid off large numbers of staff, from ConsenSys trimming down 13 percent of the team to Steemit laying off 70 percent of their staff.
2018-12-12 15:00 | |
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ConsenSys To Layoff 13% Of Its Staff, Employees Comment On The Issue It has been recently revealed that blockchain firm, ConsenSys has decided to layoff 13 percent of its staff (of 1200 employees). A Town Hall consisting of chatlogs between the CEO, Joseph Lubin and admin as well as employees was shared in a Coin […]
2018-12-12 23:25 | |
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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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It was not too long ago when euphoria surrounding the cryptocurrency industry reached its tipping point. The industry hit a record high market capitalization of $813 billion on January 8, 2018. Crypto came out of the rooms of geeky software developers and gamers into the mainstream, as almost every other ICO was able to raise millions, if not billions of.
2018-12-10 22:00 | |
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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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Outspoken Blockstream CSO Samson Mow took to Twitter today to troll Ethereum production studio ConsenSys. Earlier today, ConsenSys announced that it was laying off 13% of its staff, and Mow did not waste the opportunity to fire shots at ConsenSys.
2018-12-8 08:17 | |
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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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CoinSpeaker Ethereum Production Studio ConsenSys Cuts Down Staff as Part of ‘Refocusing’ Strategy ConsenSys founder Joseph Lubin says that the company will focus more on specific and concrete projects reducing the scope of much experimentation as part of financial sustainability.
2018-12-7 10:18 | |
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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 continued bear market is taking its toll on cryptocurrency investors, miners, and businesses alike, and has prompted ConsenSys to consider restructuring its business plans so it can adapt to the new market environment and continue to thrive.
2018-12-6 23:00 | |
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CoinSpeaker Bitmain, ConsenSys, Fidelity and More Put $27. 5M in the New Crypto Trading Platform A Series B funding round of ErisX raised $27. 5 million. The investments will be used to hire staff, create infrastructure, and secure the appropriate steps to develop a regulated market for digital assets.
2018-12-5 12:54 | |
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LinkedIn has been keeping its finger on the pulse of the United States’ most thriving startups, and crypto organizations are showing tremendous signs of life — and growth.
2018-9-8 23:36 | |
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