Blockchain Developer Consensys Cuts Workforce, Maintains Product Focus
TLDR Consensys announces 20% workforce reduction in October 2024 Company cites challenging economic conditions including inflation and regulatory pressure Restructuring aims to transform core products (MetaMask and Linea) into decentralized protocols CEO Joseph Lubin remains optimistic about web3 mainstream adoption Company plans to evolve into “Consensys Network State” with decentralized teams The blockchain technology company [...] The post Blockchain Developer Consensys Cuts Workforce, Maintains Product Focus appeared first on Blockonomi.