The drop in the cryptocurrency market has a negative impact on financial performance not only mining companies, but trading platforms.
Chinese Internet resources with reference to its sources reported that the company Huobi is considering options for significant staff reductions.
One of the managers, who wished to remain anonymous, said that during a special test on the topic of blockchain technologies will select the best employees who can keep their jobs. If the staff twice failed the test (the composition of the test will include 2000 questions), the leaders of Huobi them goodbye.
In the opinion of top managers of the company, the new measure of professionalism will have a positive impact on the competitiveness of a giant in the context of a weakening of investor interest in digital assets.
According to another source, last week the company has fired about 100 people. Only Huobi employs 1,000 employees, half of whom could lose their jobs.
Currently crypto currency exchange Huobi is in the world ranking the third position in terms of trade with digital assets after OKEx and Binance.
Earlier it was reported that mining giant Bitmain officially confirmed the information, which will reduce the number of employees at least half. Among the main reasons that prompted him to undertake this optimization, a drop of revenues because of the collapse in value of bitcoin and altcoins.