KuCoin: 30% staff layoffs part of ‘biannual appraisals’
KuCoin had dismissed over 300 people amid a trading volume dip, according to reports, but CEO Johnny Lyu says it’s part of a biannual appraisal.
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Binance cutting staff, dodging Canadian regulatory probe
Binance undergoes "re-evaluation" of its workforce, cutting down about one-fifth of its total manpower who are either underperforming or might not be "the right cultural fit."