Binance lays off over 1k Employees
1–10 of 234 posts
Re: Binance lays off over 1k Employees
#2Re: Binance lays off over 1k Employees
#3> Binance had a global staff of 8,000
A 12.5% reduction. Also, they are way larger than I thought with 8k employees. I don't know what's involved with running an exchange but they must be into lots of things with that many folks.
Re: Binance lays off over 1k Employees
#4Not even a whole month since the last layoff...
Re: Binance lays off over 1k Employees
#5Interesting I recall them mentioning how they were resistant to the market turmoil that caused Coinbase to conduct their layoffs
Re: Binance lays off over 1k Employees
#6The article says a spokesperson said they "need to focus on talent density." Talent density is a new buzz word to me!
Re: Binance lays off over 1k Employees
#7The article says a spokesperson said they "need to focus on talent density." Talent density is a new buzz word to me!
are they bashing people they laid off, assuming that 1k people were less talented than the rest?
Re: Binance lays off over 1k Employees
#8Re: Binance lays off over 1k Employees
#9> It was not easy saying no to Super bowl ads, stadium naming rights, large sponsor deals a few months ago, but we did. Today, we are hiring for 2000 open positions for #Binance.
https://twitter.com/cz_binance/status/1537013824666095617
Jun 2022, didn't age well.
Re: Binance lays off over 1k Employees
#10> Binance had a global staff of 8,000 A 12.5% reduction. Also, they are way larger than I thought with 8k employees. I don't know what's involved with running an exchange but they must be into lots of things with that many folks.
In some corporate cultures, headcount is its own reward.