In a recent statement, Binance CEO Changpeng Zhao, commonly known as ‘CZ’, has confirmed that the company is still actively hiring despite reports of 1,000+ staff lay offs. This news comes as a surprise to many, as it was previously reported that Binance had laid off over 1,000 employees in order to cut costs and streamline operations.

CZ has stated that the reports of 1,000+ staff layoffs are inaccurate and that the company is still actively hiring in certain areas. He has clarified that the company has made some adjustments to its workforce in order to better align its resources with its business goals. However, he has also stated that Binance is still actively recruiting for positions in areas such as customer service, marketing, engineering, and product development.

The news of Binance’s continued hiring comes as a relief to many, as it shows that the company is still committed to growth and innovation. CZ has also stated that the company is continuing to invest in new technologies and products in order to stay competitive in the ever-evolving cryptocurrency market.

Overall, CZ’s confirmation of Binance’s continued hiring is a positive sign for the company and its employees. It shows that the company is still committed to growth and innovation despite the reports of layoffs. This news should also serve as a reminder to other companies in the cryptocurrency industry that they should remain open to new ideas and technologies in order to stay competitive.