ConsenSys slashes headcount 11% as chief economist reveals formula for adoption By Cointelegraph

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ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brought on by recent collapses.

In a blog post from ConsenSys CEO Joseph Lubin on Jan. 18, the blockchain firm CEO said “poorly behaved” centralized finance (CeFi) actors have cast a “broad pall on our ecosystem that we will all need to work through.”

Lex Sokolin, Chief Cryptoeconomist, ConsenSys Source: Lexsokolin.com