Kraken to Follow Binance in Hiring Over 500 Employees Amid Crypto Crash

　　Despite rising fears about the unfolding crypto-economic catastrophe, Kraken exchange has made the audacious statement that it does not intend to lay off any employees.

　　Kraken claimed in a recent blog post that many of its employees have been questioning what the current market outlook means for them, to which the exchange replied that this downturn is not the first of its sort.

　　Kraken noted that it believes so strongly in the potential of the digital currency ecosystem that it has shaped its expansion to fit long-term goals rather than short-term profit-making. The trading platform stated that it intends to fill over 500 positions in the remaining months of the year.

　　“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, and believe bear markets are fantastic at weeding out the applicants chasing hype from the true believers in our mission,” the trading platform said adding,

　　“That‘s why, despite a steep decline in crypto prices and an uncertain macro environment, we’ve taken this opportunity to align our internal culture around a set of shared values we feel will keep us agile, focused, and competitive as we execute on our mission in the years ahead.”

　　According to the exchange, it also offers a flexible work culture in which it assists any employee who is unable to adhere to its specified corporate culture.

　　Crypto Giants' Hiring Peck Order

　　Pecking orders are currently being developed on crypto trading platforms all around the world. Following Gemini's announcement that it will lay off 10% of its personnel, Coinbase exchange has announced that it has let off 18% of its global staff earlier this week.

　　In the midst of this upheaval, exchanges such as Binance have committed to hire an additional 2,000 employees in order to capitalize on the current market downturn. The fact that Kraken has joined this movement shows that the melting business as a whole is not affecting all companies equally.

　　As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!

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