May 10, 2025

MetaMask Developer Consensys Cites U.S. SEC Actions and Regulatory Uncertainty for 20% Staff Layoff

1 min read

In a blog post published on October 29, Joe Lubin, Founder and CEO of Consensys, discussed the company’s decision to reduce its workforce by 20% in response to global economic pressures and a challenging U.S. regulatory landscape. Lubin talked about how rising interest rates, inflation, and tightened liquidity have created a more cautious environment for

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