Binance Reduces Employee Perks Amid Falling Profits: WSJ

2023-7-18 20:14

Binance, the world's largest cryptocurrency exchange, has been battling regulatory headwinds and legal investigations, resulting in reduced employee benefits, over a thousand layoffs, and the departure of senior executives origin »

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Layoffs Not The Only Cost-Cutting At Binance As Employee Benefits Follow Suit

In recent developments, Binance, the largest cryptocurrency exchange, has faced a series of challenges, including regulatory scrutiny and legal battles, leading to significant cost-cutting measures. As the company undergoes a federal crackdown in the United States, it has decided to reduce its workforce, resulting in layoffs of over 1,000 employees. However, it appears that layoffs […]

2023-7-18 23:00