According to Wu said, the cryptocurrency exchange Gate has started layoffs. The proportion is currently unknown. It is rumored among employees that it is 40% to 50%. Gate has not responded to this. Some Gate employees have already begun to reclaim their permissions, and the compensation is N+1, but there is no compensation for the year-end bonus.

Gate related personnel responded that 40% of the layoffs reported on the Internet are false information. Recently, due to the adjustment of work performance, only a very small number of employees have been adjusted and optimized the work content, and the advantageous business positions have been kept open for recruitment.