Kraken is decentralizing - 15% Layoffs 🌊📉

° Who: Kraken, a leading crypto exchange ° What: 15% of its workforce laid off °Why: Part of an industry trend of crypto firms downsizing amid market turbulence ° Impact: Aligns with similar moves by other major players, signaling shifts in the industry

Kraken, riding the waves of crypto’s wild market, recently trimmed 15% of its workforce. This decision, though unfortunate for those affected, reflects broader shifts as companies brace for economic uncertainties. While it’s easy to get lost in the bleak outlook, this shift could mean positive changes for the industry's long-term resilience. With Kraken positioning itself for sustainability, these adjustments might set the stage for a new crypto era — leaner, smarter, and ready to thrive in the next big bull run.

Kraken is focusing to INK chain? They will need to change some of the managers to insert builders.

Now their goal is to decentralize and become government resistant, benefit from the on-chain fees and ecosystem. Show Less

https://crypto.news/kraken-joins-crypto-exodus-with-15-layoffs/
 5

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. crowd.news does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. crowd.news is not liable for any actions taken, financial or otherwise, based on information or links from this website.