Subsequently, the release of news Consensys about the probable dismissal of 50 to 60%, the founder and key Executive Director of the Tron Foundation Justin sun asked employees of the company to send their own resumes and told about the progress of their own organization.

December 20, the Verge said, in fact, that Consensys has the opportunity to think about in order to release their own employees, and in the past launches startups, which he supports. This news was seen subsequently such as Consensys sent message to your employees, whom mentioned the intention of the company to streamline and strengthen the business identity of the company between the more “crowded” competitive blockchain space.

This affects not only the working power of the firm, but also its internal incubators, these as Consensys Labs. According to the Cointelegraph source, Consensys laboratories will be reorganized and will not eventually become an incubator. It will become faster to work as more than a simple investor.

CEO of the company Joseph Lubin told:

“we are obliged to save, and in some cases to resume, the thinking that has done us what, who we are.”

Lubin did not exclude layoffs, including the firm did not deny the chances of dismissal. As described, the firm said, in fact she provides a history of all plans in order to “determine the way forward, would it be morally, as a proportion of ConsenSys 2.0 or same as outer organization.”

The publication describes:

"The world did not collapse, as [Lubin] intended, and as a consequence of this he needs to roll out his own firm, due to the fact that it was actually organized to see only where Ethereum would be making $ 10,000.”

Almost all of the big coins, shared with Ethereum [ETH], quickly fell on November 14, along with bitcoin [BTC], which fell below $5600 for the first time in 2018.