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Home»Live Feeds»Kraken parent lays off 150 staff due to AI efficiencies
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Kraken parent lays off 150 staff due to AI efficiencies

Michael FawnBy Michael FawnMay 18, 2026No Comments1 Min Read
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Kraken’s parent company, Payward, has reportedly cut 150 jobs, citing increased efficiency from artificial intelligence and potentially impacting its IPO plans.

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Michael Fawn
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Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.

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