ConsenSys is shedding dozens extra staffers, two folks accustomed to the matter inform CoinDesk.
Introduced at an organization city corridor Monday, the Brooklyn-based agency recognized for incubating Ethereum tasks is slicing roughly 120 folks, one of many sources stated. That is greater than 10 % of the agency’s headcount.
The transfer follows a spherical of layoffs introduced in February. These cuts shrunk the agency’s headcount by roughly 14 %, the corporate stated on the time.
Led by Ethereum co-founder Joseph Lubin, ConsenSys laid off about 13 % of its workforce in a late-2018 restructuring dubbed “ConsenSys 2.0.” The cuts in February 2020 have been associated to that overhaul.
ConsenSys has but to reply to CoinDesk’s request for remark.
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