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Kraken, one of the world’s largest cryptocurrency exchanges, is reorganizing its workforce by reducing some positions and consolidating teams where redundancies exist, while continuing to hire in key areas, a company spokesperson said on Thursday.
“We continuously evaluate our workforce to ensure it aligns with our strategic priorities,” the spokesperson said.
Last year, Kraken appointed Arjun Sethi as co-CEO and announced a 15% reduction in its workforce, impacting about 400 employees.
This follows the US Securities and Exchange Commission’s…
