Important Message From Our CEO

Changpeng sent the following email to Binance employees earlier today. Greetings, beloved Binance-ers! It is with great regret that I must inform you that due to a series of unfortunate events, we have been forced to lay off 15% of our staff. It all began a few weeks ago when a few misguided individuals began to make inappropriate 'holocaust jokes' in the office. This led to a chain reaction that quickly spiraled out of control and put the company in a very precarious position. Please understand that I had no choice but to take action. In order to protect the company's interests and future, I had to make the difficult decision to lay off 15% of our staff. This decision was not taken lightly, and I want you all to know that I sincerely apologize for any inconvenience or hardship this may cause. It would be wrong to blame any one individual for this situation, as it took a team effort of misguided individuals to bring us to this point. I hope that this difficult time will make us all realize the importance of respect, empathy, and understanding in the workplace. Thank you for your understanding and continued support Sincerely, Changpeng 'CrazyJokes' Zhao CEO, Binance