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Tuesday, July 1, 2025

Kraken to Trail Binance in Hiring Over 500 Staffs Amid Crypto Meltdown - Blockchain News

Kraken exchange has made a very bold revelation that it does not intend to make any layoffs despite the growing concerns about the ongoing crypto-economic meltdown.
As shared in a recent blog post, Kraken said a lot of its staff have been asking what the current market outlook means for the staff, a question that the exchange said its response to was that this downturn is not the first of its kind.
Kraken explained that it believes so much in the potential of the digital currency ecosystem, and it has patterned its growth to fit the long-term pursuits, rather than immediate profit-making. The trading platform said it plans to fill more than 500 roles in the remaining months of the year.
“We have not adjusted our hiring plan, and we do not intend to make any layoffs. We have over 500 roles to fill during the remainder of the year, and believe bear markets are fantastic at weeding out the applicants chasing hype from the true believers in our mission,” the trading platform said...



Read Full Story: https://blockchain.news/news/kraken-to-trail-binance-in-hiring-over-500-staff...

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