TechFlow news: In response to recent online rumors, Huobi Global stated that its executive team is functioning normally and the claims of large-scale layoffs are false. Currently, Huobi Global has healthy cash flow, and new shareholders have completed capital injections. Key regional markets are showing positive growth momentum, and the company will continue to increase investment in expanding international markets, hiring talent, and exploring innovative businesses.
Given the current market downturn, companies need to make appropriate adjustments, reduce costs, and improve efficiency—preparing adequately for a prolonged "winter." In the long term, we remain optimistic and will continue to invest in Web3, metaverse, and related sectors. Finally, we reiterate that Huobi Global will always respect the laws and regulations of all countries and regions and safeguard employees' legitimate rights and interests, without crossing any red lines.
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