Blocking of hiring on the stock exchange? Reality may surprise you!

While it is true that the downturn in the cryptocurrency market has caused several trading sites freeze their hires, even by firing staff, this is far from the case for everyone. Some are even recruiting en masse, taking advantage of the current uncertain trend look for great talent elsewhere.

There are those who quit …

Since the beginning of the month, crypto platforms such as Coinbase, Crypto.com, Gemini or Bitso have announced that they will have to reduce their expenses in order to face the crypto winter. Gemini, founded by brothers Cameron and Tyler Winklevoss, for example, has announced that it will do so starts with 10% of its employeesas well as Bitso, the largest cryptocurrency exchange in Mexico.

Coinbase and Crypto.com are also facing layoffs, but to a lesser extent, and they have end hiring as long as the situation remains tense on the cryptocurrency markets. A hiring freeze that seemed to spread to the entire industry as it was fast and brutal, but the facts show that not all is bad on the cryptocurrency planet!

… And those looking for new talents!

Despite this unfavorable market environment, several exchanges have have clearly demonstrated their desire to continue recruiting. The proof, nearly 2,000 positions need to be filled within Binance, more precisely in Europe, South America, Africa and Middle East area.

Just as you might be in buy mode, Binance benefits from falling markets personnel expense. We believe that bear markets represent the best opportunity for companies to invest in large projects at a more favorable price range. said Changpeng Zhao, CEO of Binance.

It wasn’t easy to say no to the Super Bowl commercials, the rights to the stadium names, the big deals with sponsors a few months ago, but we did. Today we are hiring for 2000 open positions for #Binance. https://t.co/n24nrUik8O

Same story with Kraken, which he announced a recruitment plan for 500 people by the end of the year, even if the crisis persists. Again, the decline in markets is seen through the prism of a half-full glass. ” We think bear markets are great for selecting candidates who chase the hype from those who truly believe in our mission. said Jesse Powell, CEO of the group.

Read also Solana would be supported on the Rarible market despite the loss of speed on NFTs

Finally, sidechain Polygon announced this week that they are welcoming Jennifer Kattula as senior vice president of marketing. A (very) hard blow, given that Kattula is the former marketer of Meta and Microsoft and his profile is of interest to a large number of American techs.

I couldn’t be more excited to be joining this team. Web3 is the future and I am looking forward to helping people turn their ideas into reality on web3 using @ 0xPolygon https://t.co/MYeN0PALqs

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