Binance plans to hire 2 000 new employees – Bits Media

While other crypto exchanges are laying off staff amid market instability, Binance plans to take advantage of the coming crypto winter, to strengthen your position.

Previously at the Consensus conference 2022 in Austin, CEO of the Binance exchange Changpeng Zhao (Changpeng Zhao) stated, what if the industry faces a crypto winter, then Binance will use it, to strengthen your position in the market. Now Zhao reported, that the company is expanding its workforce.

Binance has posted more than 2 000 vacancies for engineers and marketers, as well as business development managers. Co-founder of the exchange He Yi (He Yi) noted, that the crypto industry is still in its infancy and this is a great time to attract talented people.

Recall, what used to be the Coinbase exchange, Gemini and Crypto.com reported, that they are actively cutting staff, to maintain profitability and optimize operations during downturns in markets. Also a number of large companies in Latin America, which include Bitso and Mercado Bitcoin, announced staff reductions 20%.

Binance is not the only company, which plans to hire more employees. FTX CEO Sam Bankman-Fried said, that the exchange will continue to move forward and will not stop hiring staff. Polygon Studios head Ryan Wyatt said the same thing. (Ryan Wyatt) – the company plans to increase its staff by 15% this year.

Previously, the CEO of the BitMEX cryptocurrency exchange, Arthur Hayes (Arthur Hayes) stated, so what?, Will Bitcoin and Ethereum fall even more?, depends, will crypto winter come?.