Crypto exchange Kraken confirms layoffs as crypto winter persists

Quick Summary:

The second largest crypto exchange in the United States – Kraken – announced it would start laying off of its employees.

The crypto platform is planning on reducing its overall headcount by 30%.

This means that approximately 1,100 employees would lose their jobs.

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Article Details

Author / Journalist: Priya NV

Category: Crypto

Markets: United States

Topics: Crypto exchange News 1 Social Trading View Global News Crypto News News Kraken

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-30 @ 16:43:45 (2 months ago)

News Timezone: GMT +8:00

Ranking: #1493 (out of 6500 stories this day)

News Source URL: ambcrypto.com

Language: English

Article Length: 210 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 2062612

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 11 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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