A MESSAGE FROM OUR CEO

Fellow Binancians, a Message from the CEO

Jan 22, 2025
ยท
3 min read
Changpeng the Zhao
CEO at Binance


Changpeng sent the following email to Binance employees earlier today. Greetings Fellow Binancians! This is an important message from the your fearless leader- Changpeng the Zhao.
In an effort to take responsibility for this incident, we must regrettably lay off 10% of our workforce.
I'm sure you are aware of the challenging times we are facing, as a company, due to the unfortunate incident with dwarf tossing. In an effort to take responsibility for this incident, we must regrettably lay off 10% of our workforce. We take our company values and mission very seriously. Unfortunately, we made a lapse in judgement and engaged in an activity that was not in line with our core beliefs and values, and had to make a tough decision to remedy the situation. I would like to express my personal sorrow and regret. We were wrong and now we must bravely face the consequences. As a company that values personal accountability, we must take ownership of our mistakes, learn from them, and move on. We are excited to continue to build a company that serves its employees and customers, and our future is still bright. Sincerely, Changpeng the Zhao
POSTED IN: Message From CEO SadAccountable

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