Binance Cuts Employee Benefits. The Wall Street Journal reports that Binance is cutting employee benefits.
18 Jul 2023, 16:53
Binance Cuts Employee Benefits
The Wall Street Journal reports that Binance is cutting employee benefits. The Wall Street Journal reports that Binance is cutting employee benefits.
A representative of the exchange refers to the "current market environment and regulatory climate". Over the past few weeks, the exchange has laid off 1000 employees. Further cuts are expected in the future.
Recently, the exchange had its six-year anniversary. At it, CEO Changpeng Zhao said that the firm is still profitable. Neither is it in any difficulty because of the SEC lawsuit.
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