Binance Reportedly Lays Off Over 1,000 Employees, CEO Tweets Denial

Binance’s ongoing legal troubles with the SEC could be forcing the firm to implement some effective cost cutting measures. The company is implementing layoffs, its CEO Changpeng Zhao has accepted. Contrary to what is being reported in the media, Zhao said, the layoffs have not affected 1,000 staff members. More staff terminations are reportedly the cards for Binance...

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