Kraken to layoff 1100 people to ‘adapt to current market conditions’

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Crypto exchange Kraken said it intends to cut staff by 30% — amounting to 1,100 people, according to a Nov. 30 announcement.

The exchange said the cuts will allow it to “adapt to current market conditions.”

More details to follow.

The post Kraken to layoff 1100 people to ‘adapt to current market conditions’ appeared first on CryptoSlate.

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