Kraken Parent Payward Makes Deep Cuts as IPO Pressure Mounts
Payward, the father or mother of cryptocurrency trade Kraken, is slicing 150 jobs forward of its deliberate U.S. stock-market itemizing. The discount impacts about 5% of its 3,000-person international workforce. The transfer types a part of a broader optimization push geared toward enhancing margins. Management desires a leaner monetary profile earlier than going public. Layoffs…
