Ben Zhou, founder and CEO of cryptocurrency exchange ByBit, posted on Twitter today (4th), announcing that ByBit will lay off employees, saying that this is a difficult decision that has to be made in a bear market, and that he will do everything he can to help. Individual needs of laid-off employees.
Ben did not specify the extent of the layoffs in his tweet, but according to Wu Shuo Blockchain news, the layoffs amounted to 30% of the total number of employees. ByBit had already announced layoffs in June this year due to market factors. The layoffs were approximately 20%-30%, so this is the second time ByBit has publicly announced major layoffs.
This article [News] ByBit Exchange announced layoffs again, founder Ben: Tough decision first appeared on Blockchain.