Cryptocurrency News

Kraken reiterates hiring targets as CEO denounces ‘woke activists’ in corporate culture

2022.06.15 22:46

Kraken reiterates hiring targets as CEO denounces 'woke activists' in corporate culture
Kraken reiterates hiring targets as CEO denounces ‘woke activists’ in corporate culture

On Wednesday, cryptocurrency exchange Kraken announced that it would continue to hire over 500 roles in various departments amid a market downturn. The company’s hiring efforts are in stark contrast to a week of severe layoff announcements from major blockchain firms such as Coinbase (NASDAQ:COIN), BlockFi, etc. In support of the decision to expand its staff, Kraken said:

However, Jesse Powell, Kraken’s CEO, also expressed critical remarks over a small subset of employees at Kraken, estimated to be 20 out of 3,200 people. As told by Powell:

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