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Consensys CEO Holds SEC ‘Abuse of Power’ Responsible for 20% Layoff Cryptonews 29 окт 2024

Consensys CEO Holds SEC ‘Abuse of Power’ Responsible for 20% Layoff 📉

SEC Joseph Lubin USA ConsenSys

Consensys, a leading blockchain software company, has announced a significant layoff affecting 20% of its workforce. CEO Joseph Lubin cited broader macroeconomic challenges as a major reason for this decision.

Additionally, Lubin criticized the Securities and Exchange Commission (SEC), accusing them of "abuse of power," which he claims has further complicated the company’s strategic positioning and operational capacity.

The decision reflects the ongoing struggles faced by technology firms amid regulatory pressures and economic uncertainties.

Источник: cryptonews.com ↗

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