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Crypto News => Crypto News Channel => Topic started by: Administrator on May 19, 2026, 12:37:16 AM

Title: Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report
Post by: Administrator on May 19, 2026, 12:37:16 AM
Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report

Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report

Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports.


Source: Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report (https://cointelegraph.com/news/kraken-parent-payward-cuts-150-staff-potentially-delaying-ipo-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)