According to internal employees of Huobi, the Shenzhen branch of Beijing Huobi Tianxia Network Technology Co., Ltd. will lay off all employees, and the branch will be dissolved. According to Odaily’s knowledge from people familiar with the matter, the Shenzhen branch of Beijing Huobi Tianxia Network Technology Co., Ltd. previously had about 20 employees, and the remaining 14 employees will all be laid off.

Tianyan Check shows that the CEO of Huobi Shenzhen is Zhu Jiwei. According to people close to Huobi, Zhu Jiwei was valued by Li Lin before. The Shenzhen branch of Beijing Huobi Tianxia Network Technology Co., Ltd. is mainly responsible for the exploration of innovative businesses. It had previously made a tokenized knowledge payment product "Red Envelope", which has died.

An internal employee of Huobi said that due to the probationary period of Huobi Shenzhen employees for 6 months, employees who have not reached the 6-month probationary period will not be compensated for layoffs. At the same time, according to people familiar with the matter, for this layoff, Huobi has specially found a layoff team.

For this reason, Odaily asked a public relations person in charge of Huobi headquarters for confirmation, and the reply was: "Huobi has started the elimination system for the last place, and it is inconvenient to add others."

(Author Wu Yan, focusing on mining and blockchain reports, you can add WeChat BIG-BYE for communication, please note your position and reason)