Kraken, one of the world's largest cryptocurrency exchanges, is reorganizing its workforce by reducing some positions and consolidating teams where redundancies exist, while continuing to hire in key areas, a company spokesperson said on Thursday. "We continuously evaluate our workforce to ensure it aligns with our strategic priorities," the spokesperson said. Last year, Kraken appointed Arjun Sethi as co-CEO and announced a 15 per cent reduction in its workforce, impacting about 400 employees.