TechLair

  • Home
  • contact
  • About
  • Privacy Policy

What we know about the ConsenSys layoffs, as told by a ‘fired’ employee

Friday, December 7, 2018 by Piyush Suthar | Comments

Home News Tech What we know about the ConsenSys layoffs, as told by a ‘fired’ employee

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. A press release optimistically dubbed the new, 13-percent-lighter company as “ConsenSys 2.0,” presumably an attempt to spin the situation positively. “Excited as we are about ConsenSys 2.0, our first step in this direction has been a difficult one,” the press release read. “We are streamlining several parts of…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair

    Apple Lifts Restrictions on Purchase of iPhones, iPads, MacBooks Outside China
    Facebook pulls post by Anne Frank Center after seeing only nudity in a photo of the Holocaust
    Ericsson, Jio jointly display 5G enabled connected car and VR driving at IMC 2018
    IMC 2018: A focus on the applications and use-cases of 5G in the future


    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact