Kraken Cuts 150 Jobs via AI as $20 Billion IPO Hangs in Balance
Kraken's parent Payward cut 150 jobs on May 15, citing AI-driven redundancies. The $20 billion IPO target now looks uncertain, with Bloomberg pointing to 2027.
Giulia Ferrante is a writer for SpazioCrypto and covers topics related to crypto, blockchain, markets, and innovation.
Kraken's parent Payward cut 150 jobs on May 15, citing AI-driven redundancies. The $20 billion IPO target now looks uncertain, with Bloomberg pointing to 2027.
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