Thursday, June 30, 2022

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Crypto exchange Kraken starts global hiring

The crypto exchange firm, in a blog post said, it does not plan to change its hiring strategy or make any layoffs

US-based crypto exchange firm Kraken, despite the current market turmoil, announced it would be going on a global hiring drive, aiming to fill over 500 roles and revamping its recruitment thesis.

The crypto exchange firm, in a blog post said, it does not plan to change its hiring strategy or make any layoffs. It also shared that the current market downturn would be good at “weeding out the applicants chasing hype from the true believers in our mission.”

After Coinbase, the major competitor of the crypto exchange firm cut 18% of its staff and warned that a “crypto winter” was imminent, the announcement came shortly. Other platform’s, however, have echoed Kraken’s optimistic tone. This week, the US branch of Binance, the world’s largest crypto exchange, said it is “growing faster than ever.” In a tweet, Changpeng Zhao, CEO of Binance also said that the company is hiring for 2,000 positions globally.

The crypto exchange firm also announced a five-pillar set of values that will guide its recruitment practice in addition to its hiring push. The company, among these will be requiring its employees to believe in the company’s mission, it said in a blog post. “Freeing, democratizing, equalizing” billions of people from financial exclusion is that mission.

Other values include keeping up with crypto, acting more like a pirate than a professional, pursuing life, liberty, and sound money, and lastly, accepting differences in opinion.

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khushbu Soni CIO News Mercadeo
Khushbu Soni
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