Consensys and Amber Group join the list of companies, the employees are released
Consensys and Amber Group join the list of companies, the employees are released
Consensys-A company for blockchain software technology-and Amber Group-a cryptocurrency platform based in Singapore-are the youngest companies in the digital asset sector that announce.
his team will reduce about 11 %, while the latter reports that it is plans to reduce its department in Hong Kong by 50 %.
Adaptation to "uncertain market conditions"
Joseph Lubin-CEO of Consensys- said his organization made the "extremely difficult decision" dismissed. As the main reason for the changes, he cited the currently challenging macroeconomic environment (driven by increasing inflation and geopolitical unrest).
Lubin assured that all excreting people would receive "generous severance payments", an extension of health services and support in the transition to another company.
The executive argument that the layoffs Consensys would not dissuade from its main goals: the further development of the crypto wallet metamask and the web3 api provider Infura.
"We will also pursue innovative new offers in order to enable developers and creators to be successful in web3, to increase web3 trade and dao-communities and to expand the ecosystems for decentralized identity and verifiable registration.
Lubin said that the continuing uncertainty could be a great opportunity for the industry to move from "outsourcing of trust" to a future in which decentralized systems enable individuals to "control their own digital asset". reports that the cryptocurrency platform, which is supported by investment gigant Temasek Holdings 50 % of this department) to survive the crypto winter. The departing members are mainly computer scientist and auditor. A person familiar with the matter said that the Amber Group had moved its office from the city center of Hong Kong to a cheaper area in Causeway Bay and delayed payments to third-party providers. The Amber Group has previously explained that it "anticipates an extremely conservative position and is preparing for it so that it can go the long mile, even if it means that it has to return to the basics of the core business". 2022 was pretty destructive for the platform. It released 5-10 % of the workforce in September and continued the rush in December. The Amber Group has also made salary cuts and canceled some of its cooperation, including those with the popular English football club Chelsea FC. The most shocking event for the company was the unexpected death of the co-founder-Tantian Kullander. The 30-year-old mysterious way died in sleep in November. The decline of FTX also affected the business activity of the Amber Group. The latter assured that it has no engagement in the collapsed stock exchange or Alameda Research, but it was an "active trading participant" in FTX. amber group secured to distribute a 300 million fundraiser in December and promised to cover capital affected by the above crash were. . Amber Group releases more people