News > Crypto firms are slashing jobs right and left. So why is Binance hiring?

Crypto firms are slashing jobs right and left. So why is Binance hiring?

Sureshkumarpakalapati | 14/06/2022 09:50 AM | Click to read full article

Not every crypto company is in the same boat when it comes to slowing down hiring or laying off employees. Speaking at the Consensus 2022 conference last week, Binance CEO Changpeng Zhao said the company had the resources to expand its hiring and focus on new acquisitions.

Zhao explained that unlike other crypto companies, Binance largely avoided spending big on promotional costs.