Kraken to layoff 1100 people to ‘adapt to current market conditions’

Crypto speech Kraken said it intends to chopped unit by 30% — amounting to 1,100 people, according to a Nov. 30 announcement.

The speech said the cuts volition let it to “adapt to existent marketplace conditions.”

More details to follow.

The station Kraken to layoff 1100 radical to ‘adapt to existent marketplace conditions’ appeared archetypal connected CryptoSlate.