Binance has let go over 1.000 people in recent weeks, said The Wall Street Journal.
Binance could continue to lay more people off, potentially dismissing"more than a third of its staff," the person said.he was departing the company, saying he was doing so on good terms. Fortune had reported that he, along with other top executives, were departing the company.a somewhat optimistic picture, saying he was readying his platform for increased trading volume over the next six to 18 months."We're still very early.
Although it has maintained its position as the top crypto exchange, Binance recently saw a 3% decrease in market share, according to a© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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