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Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange. Update: Huobi Chinese Journalist Colin Wu took to Twitter to claim that Huobi is allegedly going to cancel all year-end bonuses. We also stated that the exchange is preparing to lay off Justin Sun's Huobi exchange will cancel all year-end bonuses, and will prepare to lay off the team of 1,200 people to people, and cut the salaries of senior Chinese Journalist Colin Wu took to Twitter to claim that Huobi is allegedly going to cancel all year-end bonuses. Wu also stated that the exchange is preparing to lay off 11 de sept. de 2025 Huobi Exchange, owned by Justin Sun, will withdraw all year-end incentives and prepare to reduce its staff of 1,200 employees to . Several insiders claim that the According to the report, the company intends to reduce its team size from 1,200 people to 6 employees. In addition, the exchange will cancel its yearly bonuses. Last month, the

Huobi Facing Crisis: Canceled Bonuses, Layoffs, and Salary Cuts – What's Happening?

Rumors and reports are swirling around the Huobi crypto exchange, painting a picture of significant internal turmoil. Accusations of canceled bonuses, pay disputes, massive layoffs, and a communication blackout have been claimed as part of the goings-on at the crypto exchange. This is a developing story, and we're bringing you the latest information.

Huobi's Alleged Year-End Bonus Cancellation

Concerns were first raised by prominent Chinese Journalist Colin Wu, who took to Twitter to claim that Huobi is allegedly going to cancel all year-end bonuses. This news quickly spread, sparking outrage and uncertainty among Huobi employees.

Massive Layoffs Looming at Huobi: Reports of 600 Employees Affected

Alongside the bonus cancellation, reports are suggesting substantial layoffs at Huobi. Initial reports indicated Justin Sun's Huobi exchange would be reducing its workforce. A subsequent report suggested the exchange is preparing to lay off a significant portion of its team. The company, according to multiple sources, intends to reduce its team size from 1,200 people down to 6 people, which is extremely unlikely, or as many as 600 employees, representing a significant reduction in staff.

Salary Cuts for Senior Employees?

Adding to the concerns, rumors suggest that alongside layoffs, Huobi may also be implementing salary cuts for senior employees. This, combined with the canceled bonuses, is creating a climate of anxiety and speculation within the company.

Huobi Exchange Under Scrutiny: Owned by Justin Sun

The situation at Huobi Exchange, owned by Justin Sun, is being closely watched by the crypto community. The proposed actions, including withdrawing all year-end incentives and significantly reducing its staff of 1,200 employees, raise serious questions about the future direction of the exchange.

What Does This Mean for Huobi Users?

While the internal issues at Huobi are concerning, it's important for users to stay informed and monitor the situation. This news follows incidents occurring last month that have compounded the situation.

We will continue to update this story as more information becomes available. Stay tuned for the latest developments on the Huobi situation.

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