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A CNBC report later within the day mentioned the cuts will ultimately get rid of 1,500 to three,000 of Binance’s employees globally, and that the cuts can be carried out by the tip of the 12 months, citing a present Binance worker accustomed to the corporate’s plans. A Binance spokesperson disputed the three,000 employee determine, nevertheless, in accordance with CNBC, saying it was too excessive.
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