In a statement to CoinDesk, a spokesperson for KuCoin said that the company has “not initiated any alleged layoff plans.” However, the spokesperson said that “as part of the company’s business development and semi-annual employee performance review, there might be some personnel adjustments as needed, which is a normal process in organizational development.”
Source: https://www.coindesk.com/business/2023/07/25/crypto-exchange-kucoin-to-adjust-some-personnel-as-needed-denies-layoffs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines