Kraken: Kraken Cuts 15% Workforce in Strategic Shift Towards Innovation

Key Takeaways: Kraken, a globally renowned cryptocurrency exchange, recently announced a significant restructuring, including a layoff of 15% of its workforce and the addition of a new co-chief executive. Approximately 400 employees out of a total of 2,600 will be impacted, a move the company's leadership describes as essential for the company's future growth and [...]