Binance is celebrating its sixth anniversary, with over 1,000 staff being laid off in recent weeks, according to The Wall Street Journal.
Binance is celebrating its sixth anniversary, with over 1,000 people reportedly laid off in recent weeks, The Wall Street JournalAccording to former employees, cuts were global and customer service workers were heavily affected, particularly in India. Including this week’s layoffs, over 1,000 employees have lost their jobs at the exchange. Before the slash, Binance’s global headcount was estimated at 8,000. Binance could lose more than a third of its staff due to the ongoing reorganization.
Since early June, when Binance was hit by a wave of regulatory challenges across the globe following a
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