DoorDash, Kraken to cut over 1,000 jobs each


SAN FRANCISCO, Nov. 30 (Xinhua) -- U.S. food delivery company DoorDash and Kraken, one of the largest cryptocurrency exchanges in the world, on Wednesday announced layoffs respectively.

In a blog post entitled "Kraken Takes Steps to Weather Crypto Winter," Kraken's co-founder and CEO Jesse Powell wrote that the company would lay off approximately 1,100 people, or 30 percent of its workforce worldwide, "to adapt to current market conditions."

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