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, BlockFi, etc. In support of the decision to expand its staff, Kraken said: 

“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.”

However, Jesse Powell, Kraken’s CEO, also expressed critical remarks over a small subset of employees at Kraken, estimated to be 20

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