Crypto exchange kucoincom said it might reduce some its staff as part of its routine adjustment of personnel, but denied a report that it plans to lay off as much as 30% of its workforce. HeleneBraunn reports
In a statement to CoinDesk, a spokesperson for KuCoin said that the company has “not initiated any alleged layoff plans.
” However, the spokesperson said that “as part of the company's business development and semi-annual employee performance review, there might be some personnel adjustments as needed, which is a normal process in organizational development.”in recent weeks, although Binance has denied the numbers are as large as has been reported.
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