{"id":51096,"date":"2023-06-01T05:34:57","date_gmt":"2023-06-01T09:34:57","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=51096"},"modified":"2023-06-02T13:24:06","modified_gmt":"2023-06-02T17:24:06","slug":"the-ceo-of-binance-mentioned-that-the-company-has-a-bottom-out-program-cz-provided-a-brief-illustration-of-work-from-home-wfh","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/the-ceo-of-binance-mentioned-that-the-company-has-a-bottom-out-program-cz-provided-a-brief-illustration-of-work-from-home-wfh\/","title":{"rendered":"Binance CZ Denounces Layoff Rumors"},"content":{"rendered":"\n<p>The CEO of <a href=\"https:\/\/coinscreed.com\/staging\/binance-appoints-new-head-for-international-market-expansion.html\">Binance<\/a> mentioned that the company has a &#8220;bottom out&#8221; program. CZ provided a brief illustration of Work From Home (WFH).<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/night-1-1024x576.webp\" alt=\"\" class=\"wp-image-51102\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/night-1-1024x576.webp 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/night-1-300x169.webp 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/night-1-768x432.webp 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/night-1-750x422.webp 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/night-1-1140x641.webp 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/night-1.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Binance CZ Denounces Layoff Rumors<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-binance-updates\">Binance Updates<\/h2>\n\n\n\n<p>The CEO, Changpeng Zhao, addressed rumors of redundancies at the cryptocurrency exchange. CZ referred to the rumor of layoffs as another day of fear, uncertainty, and doubt and designated it with a &#8220;4&#8221;.<\/p>\n\n\n\n<p>According to Colin Wu, an independent Crypto correspondent, the world's largest cryptocurrency by trading volume plans to lay off 20% of its employees next month. However, this development comes after the <a href=\"https:\/\/www.nerdwallet.com\/best\/investing\/crypto-exchanges-platforms\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">crypto-exchange<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> announced it would not lay off employees.<\/p>\n\n\n\n<p>In response to this allegation, the CEO of Binance mentioned the company's &#8220;bottom out&#8221; program. Based on this program, many employees who could be a better fit for the organization are asked to depart.<\/p>\n\n\n\n<p>He added that some individuals are exceptional performers but must suit the company's culture. However, CZ provided a modest Work From Home (WFH) example and stated that it is not for everyone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEO of Binance mentioned that the company has a &#8220;bottom out&#8221; program. CZ provided a brief illustration of Work From Home (WFH). Binance Updates The CEO, Changpeng Zhao, addressed rumors of redundancies at the cryptocurrency exchange. CZ referred to the rumor of layoffs as another day of fear, uncertainty, and doubt and designated it [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":51102,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[834],"tags":[14695],"class_list":["post-51096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","tag-binance-cryptocurrency-whf-market"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/night-1.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/51096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=51096"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/51096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/51102"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=51096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=51096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=51096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}