TLDR Crypto · MARKETS & BUSINESS

METAMASK DEVELOPER CONSENSYS LAYING OFF 20% OF ITS WORKFORCE

links.tldrnewsletter.com2 min read

Summary from the TLDR Crypto newsletter

Consensys is laying off 20% of its workforce to streamline operations due to macroeconomic and regulatory challenges. The company hopes these cuts will help it remain agile and competitive in the evolving web3 landscape. Consensys remains committed to decentralization and innovation, focusing on expanding MetaMask's functionality and advancing the Linea network while transitioning towards a decentralized “Network State” model.