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Doubts rise over Huobi's future as rumors of drastic layoffs denied -investingoo
Speculation on Twitter that crypto exchange Huobi has laid off staff and shut down internal communications has prompted the community to advise users to withdraw funds, although an advisor to the exchange denied the rumours. did. in january 5 TweetHuobi advisor Justin Sun addressed the rumors of the alleged bankruptcy, saying that the business development of the exchange was "good" and that "the safety of users' assets will always be fully protected."Sun also dismissed speculation about disgruntled workers, saying that Huobi will "fully respect the legal demands of local workers."Earlier, on January 3, crypto journalist Colin Wu reported that Sun had replaced the salaries of Huobi employees with those paid in Tether (USDT) or USD Coin (USDC), claiming that the change Disagreeing employees can be laid off.Justin Sun's HR is in communication with all Huobi employees to change the salary form from fiat currency to USDT/USDC; Employees who cannot accept this can be terminated. This move was opposed by some employees. particular t.co/QB4sjDyHc7— Wu Blockchain (@WuBlockchain) January 4, 2023
Wu previously reported in December 2022 that Huobi had canceled year-end bonuses and was preparing to cut up to half of its 1,200 employees, citing insiders.According to Wu, the move to switch salary payments from fiat to stablecoin sparked protests from some employees.a
nfts.investingoo.com/doubts-rise-over-huobis-future-as-ru...
Doubts rise over Huobi's future as rumors of drastic layoffs denied -investingoo
Speculation on Twitter that crypto exchange Huobi has laid off staff and shut down internal communications has prompted the community to advise users to withdraw funds, although an advisor to the exchange denied the rumours. did. in january 5 TweetHuobi advisor Justin Sun addressed the rumors of the alleged bankruptcy, saying that the business development of the exchange was "good" and that "the safety of users' assets will always be fully protected."Sun also dismissed speculation about disgruntled workers, saying that Huobi will "fully respect the legal demands of local workers."Earlier, on January 3, crypto journalist Colin Wu reported that Sun had replaced the salaries of Huobi employees with those paid in Tether (USDT) or USD Coin (USDC), claiming that the change Disagreeing employees can be laid off.Justin Sun's HR is in communication with all Huobi employees to change the salary form from fiat currency to USDT/USDC; Employees who cannot accept this can be terminated. This move was opposed by some employees. particular t.co/QB4sjDyHc7— Wu Blockchain (@WuBlockchain) January 4, 2023
Wu previously reported in December 2022 that Huobi had canceled year-end bonuses and was preparing to cut up to half of its 1,200 employees, citing insiders.According to Wu, the move to switch salary payments from fiat to stablecoin sparked protests from some employees.a
nfts.investingoo.com/doubts-rise-over-huobis-future-as-ru...