Binance is celebrating its sixth anniversary and has reportedly laid off greater than 1,000 individuals in current weeks, based on The Wall Road Journal. report.

A former worker stated the job cuts had been international, with customer support employees notably exhausting hit in India. Together with this week’s layoffs, the alternate has misplaced greater than 1,000 jobs. Earlier than Slash, Binance’s international workforce was estimated at 8,000. The alternate may lose greater than a 3rd of its workers as a consequence of ongoing restructuring.

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