Crypto Exchange Kraken Cuts 30% of Workforce

Crypto exchange Kraken announced that it's reducing its global workforce by approximately 1,100 people, or 30%, in order to adapt to current market conditions. This reduction will take Kraken's team size back to where it was 12 months ago.

Source

Exchanges

Kraken

Related News
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Bitget announces token merger, BGB price increases amid market-wide declines Bitget announces token merger, BGB price increases amid market-wide declines
Major Japanese trading platform Coincheck becomes second crypto exchange to go public on Nasdaq Major Japanese trading platform Coincheck becomes second crypto exchange to go public on Nasdaq
Mt. Gox moves $2.4 billion in bitcoin to unknown address during currency’s climb to $100,000 milestone Mt. Gox moves $2.4 billion in bitcoin to unknown address during currency’s climb to $100,000 milestone
Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report
Latest News More More
6 Hours Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
6 Hours Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
1 Day Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
1 Day Ago Singapore bans Polymarket amid national crackdown on online gambling sites
4 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open