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Consensys lays off 20% of its total workforce

Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as a harmful “abuse of power.” The company aims to enhance…

ZKsync developer Matter Labs lays off 16% of its workforce

Matter Labs has laid off 24 employees, over 16% of its workforce, amid market changes. The company is shifting focus from general-purpose scaling to niche applications. Despite layoffs, Matter Labs…