- Kraken exchange hasn’t modified its recruiting strategy or scheduled layoffs.
- The exchange has also expanded its long-term benefits package to make leaving the firm easier.
- While Kraken hasn’t disclosed any withdrawal delays, SOL has experienced some delays.
Kraken, a US-based crypto exchange and bank, just announced its new commitments and global hiring push. The company revealed that it has not altered its recruiting strategy and does not expect to make any layoffs.
In the remaining months of the year, they need to fill more than 500 positions, and they feel that bear markets are an excellent way to sift out candidates who are just interested in the hype.
Even more explicit were the values that guided their employment practices. Namely, Belief in their mission, keeping up with crypto, acting more like a pirate than a pro, the pursuit of sound money, as well as life and liberty, and lastly, differences in opinion.
Because of this, Kraken has also made it simpler for those who are readying to leave the company to do so by expanding its long-term benefits program to include more options.
Many in the cryptocurrency industry are watching with bated breath what Kraken the world’s most secure crypto exchange, will do now that other businesses have announced staff reductions and Celsius has suspended services.
Even while Kraken has not announced any comparable moves concerning withdrawals, several tokens, notably Solana (SOL), have experienced delays in financing. The exchange began accepting Lightning Network withdrawals from accounts in March.
On Monday, Pierre Rochard, Kraken’s Bitcoin strategist, claimed that the platform’s Bitcoin on-chain and Lightning withdrawals were fully working and that having your own keys is the best practice amid the market turbulence.