Cryptocurrency exchange Kraken cuts redundant roles amid traditional finance push


FILE PHOTO: Kraken cryptocurrency exchange logo is seen in this illustration taken July 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - 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.

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