ConsenSys Layoffs
January 2023
ConsenSys announced a layoff affecting 100 employees (11% of its workforce) in January 2023. The company operates in the Crypto sector.
100
11%
Jan 10, 2023
About
ConsenSys, the Ethereum software firm behind the MetaMask wallet, is planning to lay off upwards of 100 employees. With a current workforce of about 900, this represents a cut of over 11%. The New York-based company is finalizing the layoffs, which contribute to a broader downturn in crypto employment, as seen with Coinbase's significant cuts the same week. This move is part of an industry-wide trend, with an estimated 27,000 crypto jobs lost since April of the previous year. The layoffs were reported in January 2023.
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