Sunday, July 3, 2022

Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li is reportedly looking to sell a large stake in the digital assets company. Wu detailed […] The post Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company first appeared on PR Business News Wire.
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