Crypto Exchange KuCoin to ‘Adjust Some Personnel as Needed’, but Denies Report of Major Layoffs

In an announcement to CoinDesk, a spokesperson for KuCoin stated that the corporate has “not initiated any alleged layoff plans.” Nonetheless, the spokesperson stated that “as a part of the corporate’s enterprise improvement and semi-annual worker efficiency evaluate, there is likely to be some personnel changes as wanted, which is a traditional course of in organizational improvement.”