According to insider reports cited by Wu Blockchain, Binance has started layoffs, and the proportion affected is still uncertain.
The total number of Binance employees is about 8,000, market rumors that the proportion of layoffs in June was about 20%. As of press time, Binance has not responded to this. The compensation plan will be formulated according to different situations in different places.
However, some departments are still continuing to recruit. The layoffs may be related to the poor overall market and the large expansion before.