{"id":505387,"date":"2022-11-01T05:57:48","date_gmt":"2022-11-01T02:57:48","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/huobi-global-denies-large-scale-layoffs-and-key-exec-resignations\/"},"modified":"2022-11-01T05:57:48","modified_gmt":"2022-11-01T02:57:48","slug":"huobi-global-denies-large-scale-layoffs-and-key-exec-resignations","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/huobi-global-denies-large-scale-layoffs-and-key-exec-resignations\/","title":{"rendered":"# Huobi Global denies \u2018large-scale layoffs\u2019 and key exec resignations"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2f5f610e10f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2f5f610e10f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/huobi-global-denies-large-scale-layoffs-and-key-exec-resignations\/#%E2%80%9D_Huobi_Global_denies_%E2%80%98large-scale_layoffs_and_key_exec_resignations_%E2%80%9C\" >&#8221; Huobi Global denies \u2018large-scale layoffs\u2019 and key exec resignations &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Huobi_Global_denies_%E2%80%98large-scale_layoffs_and_key_exec_resignations_%E2%80%9C\"><\/span>&#8221; Huobi Global denies \u2018large-scale layoffs\u2019 and key exec resignations &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvMWU1ZjRiZmEtZTY1YS00NjBkLWJmNDYtZmUzOTcyMDRjNTlmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-4b69a2fe>Huobi Global says it has no plans to conduct \u201clarge-scale layoffs\u201d and has refuted reports that two of its top executives have resigned amid a takeover of the Seychelles-based crypto exchange.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/wublockchain\/status\/1586308521418555392?s=46&amp;t=jLWzHP-flYoNIfWH-sFurQ\">Reports<\/a> that the company\u2019s chief executive officer (CEO) Leon Li and chief financial officer (CFO) Chris Lee have resigned <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eared to have originated from an Oct. 29 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> post from Chinese crypto blogger Colin Wu, citing \u201cpeople familiar\u201d with Huobi. <\/p>\n<p>The Twitter post also suggested there could be mass layoffs planned for its 1,600 employees due to \u201ctoo many people&#8221; working at the company.<\/p>\n<p>However, a spokesperson from Huobi Global told Cointelegraph that rumors there could be mass layoffs are &#8220;untrue&#8221; and that its senior management continues to perform their duties \u201cas per normal,\u201d stating:<\/p>\n<blockquote><p>\u201cHuobi Global&#8217;s senior management team is performing their duties as per normal, and rumors of large-scale layoffs are untrue. At present, Huobi Global enjoys a healthy cash flow, and the new shareholders have completed the capital injection.\u201d<\/p><\/blockquote>\n<p>&#8220;Huobi has demonstrated positive development potential in key regional markets, and will continue to invest in business innovation, exploring international markets and recruiting local employees,&#8221; they added.<\/p>\n<p>However, the spokesperson admitted that due to the crypto market downturn, some cost-cutting could still be on the cards though it didn&#8217;t clarify what this could entail, stating: <\/p>\n<p>\u201cHuobi Global is in a sound financial position at present, but due to the current market downturn, Huobi will also make adjustments to reduce costs and increase efficiency.\u201d<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Why is the price of Huobi Token up 12% today as rest of the market slumps?<\/em><\/strong><\/p>\n<p>Huobi is a Chinese cryptocurrency exchange founded by Leon Li in 2013 and currently has operations in more than 30 countries around the world and a presence in over 100 countries.<\/p>\n<p>In August the crypto exchange got the green light to offer fiat cryptocurrency trading services in Australia, after registering as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). <\/p>\n<p>September saw Huobi establish a partnership with South Korea\u2019s \u201cblockchain\u201d city of Busan to provide research and development, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and financial support for the Busan Digital Currency Exchange. Huobi is also set to assist in identifying and hiring blockchain talent for Busan\u2019s local exchange.<\/p>\n<p>While the biggest <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> came in October when About Capital Management (HK) Co. Ltd, a Hong Kong based-asset management firm, became the exchange\u2019s controlling shareholder following a successful buyout deal for an undisclosed amount. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/huobi-global-denies-large-scale-layoffs-and-key-exec-resignations\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Huobi Global denies \u2018large-scale layoffs\u2019 and key exec resignations &#8220; Huobi Global says it has no plans to conduct \u201clarge-scale layoffs\u201d and has refuted reports that two of its top executives have resigned amid a takeover of the Seychelles-based crypto exchange. Reports that the company\u2019s chief executive officer (CEO) Leon Li and chief financial&#8230;<\/p>\n","protected":false},"author":1,"featured_media":505388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvMWU1ZjRiZmEtZTY1YS00NjBkLWJmNDYtZmUzOTcyMDRjNTlmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,74860,74891,75591,117,4976],"class_list":["post-505387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-ethereum","tag-huobi","tag-business","tag-social-media"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/505387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=505387"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/505387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/505388"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=505387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=505387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=505387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}