ConsenSys Layoffs
Industry Crypto · Location New York City · United States · Subscribe (RSS)
ConsenSys has 4 publicly reported layoff rounds on record between April 20, 2020 and July 22, 2025. A total of about 401 employees were affected across these rounds.
Layoff history
ConsenSys disclosed a workforce reduction affecting its New York City operations in July 22, 2025. Approximately 47 roles were eliminated.
Source: bloomberg.com
ConsenSys, the Ethereum software company behind MetaMask and the Linea layer-2 network, laid off 163 employees on October 29, 2024, reducing its global headcount by 20% to around 828 people. The cuts came as ETH had fallen roughly 35% since March and the company continued to face regulatory uncertainty in the United States, including active SEC litigation over MetaMask's staking features. CEO Joe Lubin said ConsenSys needed to "reshape" itself to stay competitive, envisioning "smaller, agile, AI-supercharged companies with Web3-based coordination tools" as the new model. Management said the restructuring would sharpen focus on the company's two core products, MetaMask and Linea, rather than incubating a broad portfolio. Affected employees received severance, extended stock option exercise windows, and continued healthcare coverage in applicable jurisdictions.
Reason: ETH price decline, US regulatory uncertainty, strategic focus on core products
Source: decrypt.co
ConsenSys disclosed a workforce reduction affecting its New York City operations in January 10, 2023. Approximately 100 roles were eliminated.
Source: coindesk.com
ConsenSys disclosed a workforce reduction affecting its New York City operations in April 20, 2020. Approximately 91 roles were eliminated.
Source: coindesk.com
Data for ConsenSys is compiled from public WARN Act filings and reporting linked above. See our methodology.