{"id":72351,"date":"2023-01-11T09:54:33","date_gmt":"2023-01-11T07:54:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72351"},"modified":"2025-09-08T14:38:06","modified_gmt":"2025-09-08T11:38:06","slug":"consensys-reportedly-plans-to-lay-off-more-than-100-employees","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/consensys-reportedly-plans-to-lay-off-more-than-100-employees\/","title":{"rendered":"ConsenSys reportedly plans to lay off more than 100 employees"},"content":{"rendered":"<p>ConsenSys&#8217; plans continue the negative trend that began in the industry in 2022. Adverse market conditions have led to mass layoffs across companies \u2014 as of early December, <a href=\"https:\/\/u1f987.com\/en\/news\/events-and-trends-how-the-bitcoin-industry-changed-in-2022\">more than 10,000 people were out of work<\/a>, according to <a href=\"https:\/\/www.coindesk.com\/business\/2023\/01\/10\/ethereum-software-firm-consensys-to-cut-upwards-of-100-staff-as-crypto-bear-market-takes-another-casualty\/\">CoinDesk<\/a>.<\/p>\n<p>The OTC platform Genesis Trading<a href=\"https:\/\/u1f987.com\/en\/news\/digital-currency-group-closes-hq-digital-unit\">cut 30% of its staff<\/a>. The WSJ reported that the firm is considering <a href=\"https:\/\/u1f987.com\/en\/news\/digital-currency-group-closes-hq-digital-unit\">filing for bankruptcy<\/a>.<\/p>\n<p>In January 2023, Coinbase <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-to-lay-off-20-of-staff-in-third-round-of-layoffs\">announced layoffs of 950 people<\/a> as part of a 25% reduction in operating costs.<\/p>\n<p>During the summer of 2022, the bitcoin exchange <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-to-cut-about-18-of-its-staff\">cut its staff by 18%<\/a>, and in the autumn <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-cuts-more-than-60-jobs\">laid off 60 specialists<\/a>.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ConsenSys plans to sever ties with 100 or more employees. CoinDesk reports citing an informed source.<\/p>\n","protected":false},"author":1,"featured_media":72352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,246],"class_list":["post-72351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-consensys"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=72351"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72351\/revisions"}],"predecessor-version":[{"id":72353,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72351\/revisions\/72353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/72352"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=72351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=72351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=72351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}