CZ responds to articles that Binance is laying off 1000 people and labels it as ‘FUD’ and that numbers are way off

His response to news articles that Binance is laying off about 1000 of their employees was on Twitter half an hour ago: https://twitter.com/cz_binance/status/1679951762906595330

As we continuously strive to increase talent density, there are involuntary terminations. This happens in every company. The numbers reported by media are all way off. 4 FUD. On the bright side, they just can’t resist talking about us. We are still hiring.

Market did take a big enough dive after these news of Binance allegedly laying of about 1 thousand employees on their 6th anniversary has surfaced. CZ being CZ again just labels any bad news regarding Binance as FUD.