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1# Big tech companies started laying off their employees. Finally, one of the popular crypto exchanges Kraken has to make the tough decision to slash 30% of its workforce, which is a total of 1100 employees. Macroeconomic situations make it different to survive and move on. Kraken CEO steps back from the statement that he made just six months ago. According to the announcement, they did not make any adjustments to the hiring plan. Moreover, the company had more than 500 roles in different departments that needed to fill. So they did not have any intention to cut their workforce back then.

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