Binance Layoffs
Industry Crypto · Location Cayman Islands · Cayman Islands
1
Layoff round
1,000
Employees laid off
Unknown
Funding stage
—
Total raised
Binance has 1 publicly reported layoff round on record (most recent July 14, 2023). A total of about 1,000 employees were affected across these rounds.
Layoff history
July 14, 2023
Binance cut 1,000 employees
1,000 laid off Location Cayman Islands
Binance disclosed a workforce reduction affecting its Cayman Islands operations in July 14, 2023. Approximately 1,000 roles were eliminated.
Source: wsj.com
Data for Binance is compiled from public WARN Act filings and reporting linked above. See our methodology.