Binance headcount discount hits 1,000 workers: Report

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

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

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