A MESSAGE FROM OUR CEO

Important Message Regarding Binance Layoffs

Feb 22, 2025
ยท
1 min read
Changping the Great Zhao
CEO at Binance


Changping sent the following email to Binance employees earlier today. Greetings Binanceers! We regret to inform you that due to recent events related to cyberfeminism, we have had to make the difficult decision to layoff 10% of our employees. We understand this may cause distress and worry about your own employment status, and for that we apologize. I, Changping the Great Zhao, take full responsibility for the situation. As we all know, cyberfeminism is a powerful force that should be reckoned with, and in this case it has unfortunately caused us to have to take action. In particular, one of our recent campaigns featured a fierce cyber-feminist who challenged our existing systems. In response to her proposal, we made some technological upgrades to our systems, but unfortunately the sheer cost of these upgrades has forced us to make cuts in other areas.
I, Changping the Great Zhao, take full responsibility for the situation.
We understand the gravity of this situation, and we want to assure you that we are doing everything in our power to ensure the security of our system and the continued prosperity of our employees. As such, we are actively searching for new solutions to minimize the layoffs and are grateful for your patience and understanding. Thank you.
POSTED IN: Message From CEO SadAccountable

Related Stories