The post KuCoin denies rumors of 30% staff layoffs, and says it’s a normal performance review! appeared first on Coinpedia Fintech News
KuCoin denies rumors that it will lay off 30% of its workforce, stating that personnel adjustments are part of a semi-annual performance review. The CEO, Johnny Lyu, claims that reviews are necessary to remain competitive in the fast-paced crypto sector. KuCoin employs around 1,000 people, and the number is increasing. While many crypto firms reduced …