While several major crypto trading platforms are making large-scale layoffs and freezing hiring, some of their rivals have rushed to reassure their staff and the public that they are sticking to their recruiting plans despite the current market downturn.
San Francisco-based Kraken, the world’s fourth-largest crypto exchange by trading volume, said Wednesday that it does not intend to make any layoffs and is going ahead with its original hiring plan. For the remainder of 2022, the company is filling more than 500 roles.
“[We] believe bear markets are fantastic at weeding out the app
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