{"id":63192,"date":"2022-06-20T20:01:32","date_gmt":"2022-06-20T17:01:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=63192"},"modified":"2025-09-05T22:36:59","modified_gmt":"2025-09-05T19:36:59","slug":"bitfinex-and-tether-say-they-will-not-lay-off-staff","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitfinex-and-tether-say-they-will-not-lay-off-staff\/","title":{"rendered":"Bitfinex and Tether say they will not lay off staff"},"content":{"rendered":"<p>The cryptocurrency exchange Bitfinex and the Tether company do not plan to lay off staff amid adverse market conditions. This is reported by <a href=\"https:\/\/www.theblock.co\/post\/153121\/bitfinex-tether-crypto-hiring-no-layoff-plans\">The Block<\/a>.<\/p>\n<p><span data-descr=\"chief operating officer\" class=\"old_tooltip\">COO<\/span> Claudia Lagorio of Bitfinex, in comments to the publication, said the exchange continues to invest in talent and resources \u201cin a measured and methodical way.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe have a number of career opportunities that we are looking to fill, and our hiring plans remain in place,\u201d she said.<\/p>\n<\/blockquote>\n<p>A Tether spokesman told The Block that the company is also committed to expanding its workforce. According to him, the issuer of USDT \u201ceverything remains as usual.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTether is profitable and will continue to hire for key positions to support the business. We care about our employees and their futures\u2014we did not lay off staff even in past crypto winters, and we never will,\u201d the spokesman said.<\/p>\n<\/blockquote>\n<p>According to Lagorio, Bitfinex and Tether currently employ 250 people.<\/p>\n<p>A similar stance is taken by the crypto exchange Binance. Its head Changpeng Zhao <a href=\"https:\/\/u1f987.com\/en\/news\/binance-ceo-crypto-winter-is-an-opportune-time-to-expand-the-workforce\">called the crypto winter an appropriate time<\/a> to hire new staff and to grow the business through various acquisitions.<\/p>\n<p>Earlier, <a href=\"https:\/\/u1f987.com\/en\/news\/media-bitmex-to-lay-off-a-quarter-of-its-staff\">BitMEX<\/a>, <a href=\"https:\/\/forklog.io\/robinhood-uvolil-9-shtatnyh-sotrudnikov-na-fone-obvala-aktsij-na-75-posle-ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">Robinhood<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/gemini-to-cut-staff-by-10-amid-crypto-market-downturn\">Gemini<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/bitso-lays-off-80-employees\">Bitso<\/a> and the parent company of the Brazilian exchange <a href=\"https:\/\/u1f987.com\/en\/news\/2tm-group-parent-company-of-mercado-bitcoin-cuts-staff\">Mercado Bitcoin<\/a>.<\/p>\n<p>Coinbase <a href=\"https:\/\/forklog.news\/coinbase-sokratit-okolo-18-sotrudnikov\/\" target=\"_blank\" rel=\"noreferrer noopener\">will cut its headcount by about 18%<\/a>, and the crypto-lending platform BlockFi \u2014 <a href=\"https:\/\/forklog.news\/blockfi-uvolit-pyatuyu-chast-personala\/\" target=\"_blank\" rel=\"noreferrer noopener\">by 20%<\/a>.<\/p>\n<p>In June, Crypto.com CEO Kris Marszalek said he planned to <a href=\"https:\/\/u1f987.com\/en\/news\/crypto-com-chief-announces-layoffs\">lay off around 260 employees<\/a>.<\/p>\n<p>According to some reports, the crypto exchange Bybit <a href=\"https:\/\/u1f987.com\/en\/news\/bybit-to-cut-up-to-30-of-staff-reports-say\">plans to trim staff<\/a> as well.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitfinex cryptocurrency exchange and the Tether company do not plan to lay off staff amid adverse market conditions. The Block reports.<\/p>\n","protected":false},"author":1,"featured_media":63193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[95,83,1245],"class_list":["post-63192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitfinex","tag-business","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"51","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=63192"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63192\/revisions"}],"predecessor-version":[{"id":63194,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63192\/revisions\/63194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/63193"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=63192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=63192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=63192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}