According to the "Wall Street Journal" citing people familiar with the matter, Binance has laid off more than 1,000 employees in recent weeks, and the layoffs will continue, which may cause Binance to lose more than one-third of its employees. More employees were laid off this week and customer service staff were severely affected, according to former employees. The layoffs are global and include more than three dozen customer service staff in India. In this regard, Changpeng Zhao tweeted, "While we continue to work hard to increase the density of talents, there will also be involuntary turnover. This happens in every company. The numbers reported by the media are biased. On the bright side Look, they just can't help talking about us. We're still hiring."