Toxic culture & Bad Management - Anonymous employee Binance Employee Review

1.0
Apr 27, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Decent pay and perks but certainly not worth it.

Cons

- Fear culture, very toxic. Management always threatens employees with firing. - Poor management, scaled up too quickly, then secretely firing people without saying they laid off anyone officially. I.e. We had to report consistently 3 people that are not performing even if we did not think there were 3 people. - Also excluded consistently from meetings for not speaking mandarin. Barrier for non mandarin speaking. Super toxic, would never recommend joining even for double your previous salary. Take the other job offer & thank me later

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Binance Response
3y
Thanks so much for your feedback. Part of Binance’s ethos is brutally efficient communication. This means, our leaders and teams communicate only when they need to with specific asks or information. This also means communications are targeted. This is because we want our employees to be laser focused, and not get distracted by noise. You can see more about our communications practices in CZ’s principles: https://www.binance.com/en/blog/from-cz/czs-principles-6343713009794494746 Now, this can sometimes be perceived as lack of transparency. In an 8000 employee organization, some information can fall through the cracks. But our focus is to not over-communicate and distract employees. We always urge our employees to reach out to their managers or HR reps if they feel they need more info to effectively do their jobs.

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5.0
Apr 9, 2026
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Pros

Good Benefits and Remote work mode

Cons

No balance for life and work

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