Comment on Major company lay offs as dYdX lays off 35% of employees on same day as Consensys

Major company lay offs as dYdX lays off 35% of employees on same day as Consensys

Two company lay offs took place on Tuesday, with dYdX Trading having laid off 35% of its staff on the same day that blockchain software technology company Consensys reduced its workforce by 20%. While the cryptocurrency sector has faced a major boom over the last few years, some companies are stripping it back as they approach the next phase of the industry. On Tuesday (October 29) the CEO and founder of dYdX, Antonio Juliano, posted a blog titled ‘Letting Go’ in which he said: “Today, I made the incredibly difficult decision to lay off 35% of the dYdX core team.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News