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Binance dismissed more than 1,000 employees in recent weeks: WSJ
Binance, the world's biggest cryptocurrency exchange, has laid off more than 1,000 employee in recent weeks, The Wall Street Journal reported, citing a source. Binance could continue to lay more people off, potentially dismissing "more than a third of its staff," the person said. Earlier this month, Binance chief strategy officer Patrick Hillman confirmed 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. Last week, Binance CEO Changpeng "CZ" Zhao painted a somewhat optimistic picture, saying he was ... (full story)