One of the leading crypto exchanges, Kraken has followed the path of another top exchange, Binance in recruiting more staff.
Kraken made this known that it does not intend to make any layoffs despite the growing economic concerns about the ongoing crypto-economic meltdown.
This is coming after Gemini & Coinbase retrenched some of their global staff earlier this week. Amidst the turmoil, exchanges like Binance have promised to hire an additional 2000 staff. Kraken has plans to fill more than 500 roles in the remaining months of the year.
Kraken explained that it believes so much in the potential of cryptocurrency ecosystem. The exchange is said to have patterned its growth to fit the long-term pursuits rather than immediate-profit making.
The company stated, ”We have not adjusted our hiring plan, and we do not intend to make any layoffs. We have over 500 roles to fill during the remainder of the year”
The exchange said it also has a flexible work culture where it supports any employee who cannot keep up with its defined corporate culture.
Kraken and Binance has shown that despite the melting industry, it can stand the test of time-at least for now.
