Crypto exchange Huobi to reportedly lay off 20% of staff as industry reels from FTX collapse

📆 06.01.2023 21:25:00
📰 CNBC

⏱ Reading Time:
30 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 72%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Huobi on Friday reportedly said it plans to reduce its global headcount by about 20%, in the latest round of layoffs to hit the cryptocurrency industry.

The Seychelles-based company is one of the largest crypto exchanges globally, handling about $370 million of trading volumes on a single day, according to data from CoinGecko.

The Seychelles-based company is one of the largest crypto exchanges globally, handling about $370 million of trading volumes on a single day, according to data from CoinGecko.A company spokesperson told news agency Reuters that Huobi had a "planned layoff ratio" of about 20%. Bloomberg and the Financial Times also reported on the layoff plans Friday.

Justin Sun, who sits on the company's advisory board as a member, described the move to Reuters as a "structural adjustment" that had not yet started and was expected to be completed by the first quarter.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Schreibe Kommentar

TechCheck 'Seychelles-based company' says all I need to know.... Scam. 🤣😂

😮😮

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Crypto exchange Huobi to lay off 20% of staff as industry slump deepensCrypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday, in the latest sign of sharp cost cutting in the industry as investor interest in digital assets slumps.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »