Payward Cuts 150 Staff as Kraken IPO Timeline Stays Open
Payward, the parent company of crypto exchange Kraken, cut approximately 150 staff in May 2026. The company deployed AI tools to improve internal efficiency ahead of a planned public listing.
News Analysis
This analysis is for informational purposes only and does not constitute investment advice
Payward has cut 150 staff in May 2026, which could impact the company's IPO timeline. The AI tools deployed by Payward could improve internal efficiency, but the exact impact on the IPO timeline remains uncertain.
