Financial Times: Huobi Staff Adjustments Unrelated to Financial Condition, Crypto Industry Sees Frequent Large-Scale Layoffs

January 7 TuoniaoX.com news, according to the Financial Times' coverage of Huobi's staff adjustment progress, Justin Sun, member of Huobi's Global Advisory Committee and Chinese crypto entrepreneur, told the Financial Times that Huobi has not encountered financial problems. The layoffs are adjustments based on operational goals, and "most" departing employees will be in the Asian region. Sun stated, "Although the region will remain an important market, we are gradually reducing our focus on Asia."