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ConsenSys ‘Town Hall’ Shows Staff Shaken at Ethereum’s Largest Startup

Published 12/11/2018, 11:35 AM
Updated 12/11/2018, 11:45 AM
© Reuters.

Internal chat logs from a town hall held Friday by ethereum production studio ConsenSys show that employees are grappling with uncertainty in the face of recently announced layoffs.

A day after confirming that 13 percent of its staff would be cut in what CEO Joseph Lubin called a "restructuring of priorities," company leadership held an all-hands meeting to field questions from members of its roughly 1,200-person team, a meeting documented in a live chat viewed by CoinDesk.

“How many months of runway do we have?” asked one anonymous user.

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