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Crypto exchange Binance plans 15%-30% hiring spree in 2023 even as rivals slash jobs - TL;DR CNBC

Crypto exchange Binance plans 15%-30% hiring spree in 2023 even as rivals slash jobs

Publishing timestamp: 2023-01-11 13:30:55


Summary

Binance CEO Changpeng Zhao announced Wednesday that the company is planning a hiring spree in 2023, taking a contrarian view as other crypto firms are laying off staff due to the $1.4 trillion wiped off the crypto market in 2022. Zhao said Binance needs to get the company "well-organized" ahead of the next crypto bull run and admitted the exchange is "not super efficient." He also said that the actual damage from the collapse of FTX is not that high and the industry will be fine.


Sentiment: NEUTRAL

Tickers: BTC.BS=-USSETH.CM=COINFTT.CM=

Keywords: bitcoincoinbase global incdigital currencyethereum/usd coin metricscryptocurrencycryptocurrency exchangesworld economybusiness newsmarketstechnologybitcoin/usd bitstamp

Source: https://www.cnbc.com/2023/01/11/binance-plans-15-30percent-hiring-spree-in-2023-even-as-rivals-cut-jobs.html


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