OKX Restructures, Cuts Institutional Team by Half Amid Global Changes
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Layoff Situation: OKX has cut approximately half of its institutional team during a global restructuring, although a company spokesperson stated that this is not a 'mass layoff', the exact number of affected individuals remains unclear.
- Team Exodus: Reports indicate that 8-10 employees were laid off, with an additional 3-4 leaving voluntarily after the restructuring announcement, resulting in about a third of the institutional salesforce departing, highlighting the restructuring's impact on employee morale.
- Business Transformation: OKX is evolving towards a more traditional institutional coverage model aimed at deepening long-term client relationships and better supporting their needs across different market cycles, which may affect its competitive position in the market.
- Global Operations Optimization: The restructuring aims to optimize OKX's operations across multiple jurisdictions globally, leveraging secured licenses to reorganize retail and institutional operations in response to the changing market environment.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







