Alibaba, a major China-based e-commerce company, is cutting down jobs in its metaverse department, Yuanjing Shengsheng.
The latest report from the Bureau of Statistics, published on October 4, shows that 254,000 new jobs were added in September.
Consensys, the developer of the widely-used non-custodial MetaMask wallet, has announced layoffs impacting more than 160 employees (nearly 20% of its team) across all divisions.
On September 6, the US Bureau of Labor Statistics released its August employment report. The unemployment rate dropped to 4.2%, in line with market forecasts. However, non-farm payrolls grew by 142,000, falling short of the expected 164,000.
