Binance is celebrating its sixth anniversary and has laid off greater than 1,000 folks in latest weeks, based on The Wall Avenue Journal. reported.
In accordance with former staff, the cuts have been throughout the board, with customer support workers significantly affected in India. Together with this week’s layoffs, greater than 1,000 staff have misplaced their jobs on the alternate. Earlier than the cuts, Binance had an estimated 8,000 staff worldwide. The inventory alternate might lose greater than a 3rd of its staff because of the ongoing reorganization.
Proceed studying Coin Telegraph.