Another day, another FUD. On rumors of layoffs.
31 May 2023, 16:30
4. Another day, another FUD. On rumors of layoffs.
Binance has a "bottom out" (we should probably rename it to something else) program. We constantly say goodbye to people who are not strong fits with the company. Many of them are great people or high performers, but may not fit our unique culture/situation. Small example, WFH is not for everyone.
This "program" is constant. I push for it on a weekly basis. There are no % of people we have to "push out". I also push for cost cutting, servers, flights, meals, etc, every week too. This may be why ... 👇
Binance has stay profitable since month 4 of our inception. From Oct 2017 onwards, through 2 crypto winters, Binance maintained profitability on a daily, weekly and monthly basis.
We always strive to increase talent density. We do performance management. And we are still hiring.
Same news in other sources
131 May 2023, 18:18
Stay #Safu!
Stay #Safu.
Stay #Safu!