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Dare Obasanjo /
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2023-07-14 18:51:27

Dare Obasanjo on Nostr: Binance has laid off 1,000 employees (12%). The company’s official statement is ...

Binance has laid off 1,000 employees (12%). The company’s official statement is

“As we prepare for the next major bull cycle, it has become clear that we need to focus on talent density across the organization to ensure we remain nimble and dynamic”

I love the idea that crypto companies just wait for bull markets to create bubbles as opposed to actually having any meaningful business cycle since they don’t actually make a useful product. It’s just gambling and grifts. https://www.wsj.com/articles/binance-lays-off-over-1-000-employees-d59ff6ad?mod=djemalertNEWS
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