“With the current state of the bear market, a very lean team will be maintained going forward,” Huobi crypto exchange said.
Huobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring following Justin Sun’s acquisition of the firm.
“The planned layoff ratio is about 20%, but it is not implemented now,” a spokesperson for Huobi said in a statement to Cointelegraph on Jan. 6. The representative emphasized that the allegations on Huobi firing as many as 40% employees is a rumor. Huobi has established a new organizational structure after the new shareholders have taken over, the spokesperson said, adding that the firm has adjusted the business departments.
“With the current state of the bear market, a very lean team will be maintained going forward. The personnel optimization aims to implement the brand strategy, optimize the structure, improve efficiency and return to the top three,” Huobi said.purported insolvency“We are aware of the comments regarding the Huobi App and the safety of user assets. Such unfounded and inflammatory rumors not only damage Huobi's brand image, but ultimately affect the interests of Huobi users.
“From what I know, there was a management shakeup first,” the former employee noted, asking to remain anonymous. According to the source, Huobi Group chief financial officer Lily Zheng left the company a couple of months ago as well.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Huobi Exchange Token Down 11% on Reports of Layoffs, Internal Strife at Company.huobiglobal's exchange token is down 11% on reports of layoffs and internal strife at the company. thesamreynolds reports
Baca lebih lajut »
Doubts mount over Huobi’s future as harsh layoff rumors deniedRumors of layoffs, pay disputes and disgruntled employees at cryptocurrency exchange Huobi have been denied by its adviser, Justin Sun, who said it “fully respects” employee legal demands.
Baca lebih lajut »
Influencer Elena Huelva, 20, dies after bidding fans heart-rending farewellThe influencer died just days after posting a heartbreaking goodbye video.
Baca lebih lajut »
Shares of Charles Schwab could rise 20% as interest rates peak, Goldman Sachs says in upgradeThe company has an 'under-appreciated earnings and capital return opportunities,' according to Goldman Sachs.
Baca lebih lajut »