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

Cointelegraph

Published Jun 15, 2022 02:00PM ET

Updated Jun 15, 2022 03:40PM ET

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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