Crypto Exchange Kraken to Hire 500+ Employees, Stick to Its Hiring Plans Despite Market Downturn

Hiring for Startups
Photo by Clem Onojeghuo on Unsplash

San Francisco-based Kraken 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.

While several major crypto trading platforms are making large-scale layoffs and freezing hiring, Kraken has rushed to reassure its staff and the public that they are sticking to their recruiting plans despite the current market downturn.


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