On November 21st, according to Jiemian News, a netizen recently revealed on social media that Futu will significantly lay off employees by the end of the year. Futu official statement: The post of significant layoffs involves untrue content. Recently, the company has made organizational restructuring to further expand its overseas business and improve operational efficiency. During the adjustment process, there were both new positions and optimization of some existing positions. The personnel turnover involved accounted for about 5% of the total number of employees in the company, which is a normal business iteration of the company.