Binance celebrates its sixth anniversary, with over 1,000 individuals reportedly laid off in latest weeks, The Wall Road Journal reported.
Based on former workers, the cuts had been international and customer support staff had been hit laborious, particularly in India. Together with this week’s layoffs, greater than 1,000 workers misplaced their jobs on the inventory change. Earlier than the slash, Binance’s international workforce was estimated at 8,000. The change may lose greater than a 3rd of its workers as a result of ongoing reorganization.
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