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Futu (FUTU.US) to Cut Up to 60% of Workforce by Yr-End: Rumor
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Futu (FUTU.US) will purportedly lay off 40-60% of its employees by the end of the year without any transition or handover period, and dismissed employees will also be unable to access personal data, according to Chinese media reports. Due to strategic direction adjustments, the company is also said to have adopted a package of "n (years of employment) +1 without year-end and 13th-month service bonus", which also excludes stock options. AAStocks Financial News |
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