Binance headcount discount hits 1,000 staff: Report

Binance is celebrating its sixth anniversary, with over 1,000 folks reportedly laid off in latest weeks, The Wall Road Journal reported.

In accordance with former staff, cuts have been world and customer support staff have been closely affected, significantly in India. Together with this week’s layoffs, over 1,000 staff have misplaced their jobs on the change. Earlier than the slash, Binance’s world headcount was estimated at 8,000. Binance might lose greater than a 3rd of its workers because of the ongoing reorganization.

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