Bybit CEO Denies Layoff Reports as 'Fake News'

IconCryptoNewsTerminal Staff13 Jun, 2024

cryptonews.jpg

Bybit CEO Denies Layoff Reports as 'Fake News'

Co-founder and CEO of Binance, Ben Zhou, has dismissed reports that Bybit is laying off employees, labeling them as "fake news" in a statement to [Platform Name]. Zhou refuted the claims, emphasizing, "Some media outlets have reported that Bybit is laying off employees, but this is not accurate. In fact, we are actively expanding our hiring efforts and are committed to growing our team." This announcement comes after a series of recent reports alleging that Bybit is planning to reduce its workforce. However, Zhou's statement provides reassurance that the company remains financially sound and committed to its employees. Bybit says that it has seen a surge in new users and trading volume in recent months, indicating a period of growth for the company.

Related News