Kraken Slims Down With Layoffs Ahead of Planned IPO: Report

Apr 18, 2025

Kraken has been laying off hundreds of employees to streamline operations ahead of a potential U.S. public listing. The company initially cut 15% of its workforce in October last year and has continued with additional firings since then.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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