Cryptocurrency substitute KuCoin has shut down rumors suggesting it became once making ready to lay off 30% of its team — a figure that quantities to roughly 300 workers — in the arrival weeks.
“We desire to clarify that KuCoin has now not initiated any alleged layoff plans,” a KuCoin spokesperson urged Cointelegraph, adding that that any likely cuts are segment of a broader figuring out to develop on the firm’s enterprise trend:
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