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Chronicles

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Kraken lays off workers and names Arjun Sethi as co-CEO; sources: the cuts total 15% of staff, or ~400, including COO Gilles BianRosa and CTO Vishnu Patankar

The influential cryptocurrency exchange has undergone several reorganizations in recent years.  —  Kraken, one of the world's …

New York Times

Discussion

  • @mikeisaac Rat King on x
    kraken just cut 15% of its workforce, per two people inside
  • @runnerxbt @runnerxbt on x
    each day a major crypto company is letting people go interesting “bull market” behaviour (dydx, consensys and today Kraken)
  • @wublockchain Wu Blockchain on x
    Kraken, one of the world's largest cryptocurrency exchanges, on Wednesday announced the layoff of 15 percent of its workers, a corporate restructuring and the appointment of a new co-chief executive. The cuts amounted to about 400 of the company's roughly 2,600 employees. They
  • @mikeisaac Rat King on x
    more — COO and CTO are out at Kraken as part of the management shakeup and corporate restructuring https://www.nytimes.com/... [image]
  • r/CryptoCurrency r on reddit
    Kraken Lays Off 15% of Workers and Names New Co-Chief Executive