<p><span style="font-weight: 400;">ConsenSys will let go of as many as 100 or more employees, </span><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/"><span style="font-weight: 400;">CoinDesk</span></a><span style="font-weight: 400;"> reported, citing a person familiar with the matter.</span></p> <p><span style="font-weight: 400;">The exact number of employees that could be laid off is not clear, as the reductions have yet to be finalized, the source told CoinDesk.</span></p> <p><span style="font-weight: 400;">ConsenSys joins a number of companies that have laid off workers due to the bear market. </span><a href="https://www.theblock.co/post/200383/coinbase-to-cut-20-of-staff-in-latest-round-of-layoffs"><span style="font-weight: 400;">Coinbase</span></a><span style="font-weight: 400;"> and <a href="https://www.theblock.co/post/199687/huobi-cut-staff-20">Huobi</a> each recently reduced headcount by 20%, and <a href="https://www.theblock.co/post/199576/genesis-cuts-30-of-staff-in-latest-round-of-layoffs">Genesis</a> this month laid off 30% of its staff. </span></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>