Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasized in the blog post that it has been an “extremely challenging economic downturn, worldwide, and especially in the crypto industry.” Protocol Labs Cuts Jobs in Response to Macro Winter and Crypto Market Decline Protocol Labs, the company behind the file storage blockchain network Filecoin, announced on Feb. 3 that it will lay off a number of employees. CEO Juan Benet wrote a blog post, titled “FocusingGo to Source
Author: coinmaker