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Consensys cuts workforce by 20% amid restructuring

Consensys is reducing its workforce by 20%, a move designed to streamline operations and reinforce its leadership in the web3 space, according to an Oct. 29 release. The staff cuts are part of its new restructuring plan, which aims to strengthen its long-term sustainability and commitment to decentralization as it navigates tough economic conditions and […] The post Consensys cuts workforce by 20% amid restructuring appeared first on CryptoSlate. дальше »

2024-10-30 19:35


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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’

Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »

2024-6-13 04:00


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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »

2022-11-16 17:24


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IBM Blockchain Unit Reportedly Carrying out Reorganization Amid Challenges

Global tech firm IBM has reportedly laid off most of its employees in its blockchain sector, as the company is experiencing challenges with its revenue.  Blockchain Arm Reportedly Facing Employee Exodus According to different sources familiar with the matter, IBM is reportedly carrying out a reorganisation, which has seen the company slashing its blockchain workforce.Read More дальше »

2021-2-3 16:00