His response to news articles that Binance is laying off about 1000 of their employees was on Twitter half an hour ago: https://twitter.com/cz_binance/status/1679951762906595330
As we continuously strive to increase talent density, there are involuntary terminations. This happens in every company. The numbers reported by media are all way off. 4 FUD. On the bright side, they just can’t resist talking about us. We are still hiring.
Market did take a big enough dive after these news of Binance allegedly laying of about 1 thousand employees on their 6th anniversary has surfaced. CZ being CZ again just labels any bad news regarding Binance as FUD.
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