Exchange OKX plans to add 30% more staff despite market slump

At a time when many crypto exchanges announce employment terminations and layoffs. But well-known exchange OKX is planning to increase its headcount by 30 percent, according to Lennix Lai, the platform’s director of financial markets.

“The company plans to employ 5,000 people,” Lai said Monday on CoinDesk’s TV show “First Mover.”

Lai continued, “Most of the focus is on growing our workforce in products and technologies,” he said. become more international.”

Growth plans for the exchange come in the midst of the crypto winter.wreak havocwith cryptocurrency and equity markets and encouraging companies like Coinbase , Crypto.com , BlockFi , Gemini and Rain Financial had to lay off a number of jobs.

Lai said OKX had to be hired because “Many bottlenecks” forced the need to expand the platform. He also said the company wanted its employees to be able to work remotely to provide “flexibility and freedom in choosing where to work,” although OKX liked the idea of ​​office workers.

“We continue to encourage our employees to come to the physical office. to have a meeting or have tea and have real-time conversations with the team,” Lai said.

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