According to Chinese media reports, the company Huobi Group, the operator of one of the largest kryptomere in the world, was fired last week more than 100 employees. Future plans include a reduction to 50% of the staff.

As told one of the employees Huobi, the firm has prepared a final test for all personnel on 2000 issues. If the employee fails the test, called the “Qualifying exam on the blockchain”, it has the second attempt. After the second failure, he can be fired.

The representative of Huobi confirmed the incident dismissal, but called it as the optimization of personnel by getting rid of the worst employees. He stressed that the company still hires people.

In response to rumors about prepared for employees blockchain-examination, the representative of the company said that test preparation was conducted from the beginning of 2018. His goal is to help employees become more professional and to improve the operational efficiency of the firm, he said.

In the Chinese equivalent of LinkedIn — Maimai — employees Huobi reported that layoffs at the company began in October under the pretext of cost reduction and business restructuring.

Based in China Huobi after the ban of the authorities of the country of kryptomere re-registered in Singapore. In 2018, the company began rapid expansion of its business, creating a number of subsidiary companies ranging from Huobi Mining Pool, Wallet Huobi, Huobi Capital and ending Labs Huobi, and Huobi News. During this process, the number of its employees increased this year from 300 to 1300, about 1000 of which are associated with stock market business.

We will remind, earlier it was reported about the plans of 50% staff reductions Chinese mining giant Bitmain.

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