Futu is reported to be laying off employees

Wallstreetcn
2024.11.21 06:50

A netizen revealed on social media that Futu will lay off 40%-60% of its staff by the end of the year. The netizen stated, "After the conversation, I immediately logged off and packed my things to leave; there was no handover or transition period, and when asked, it was just said to be a strategic direction adjustment; no n+1, no year-end bonus." In addition, a verified employee of Futu also mentioned, "A colleague was aligning requirements with me one second, and suddenly was called into a meeting room, and when they came out, they were packing their things to leave." On the 20th, reporters contacted both the whistleblower and Futu to verify the authenticity of the layoff information, but as of the time of publication, no responses were received. (21st Century Business Herald)