BRIEF-Kraken Says Co Is Reducing Global Workforce By Approximately 30%

* KRAKEN SAYS REDUCING OUR GLOBAL WORKFORCE BY APPROXIMATELY 1,100 PEOPLE, OR 30 PERCENT, IN ORDER TO ADAPT TO CURRENT MARKET CONDITIONS.

* KRAKEN SAYS REDUCING OUR GLOBAL WORKFORCE BY APPROXIMATELY 1,100 PEOPLE, OR 30 PERCENT, IN ORDER TO ADAPT TO CURRENT MARKET CONDITIONS. * KRAKEN SAYS CO HAS EXHAUSTED PREFERABLE OPTIONS FOR BRINGING COSTS IN LINE WITH DEMAND

* KRAKEN SAYS MACROECONOMIC, GEOPOLITICAL FACTORS WEIGHED ON FIN MARKETS RESULTING IN SIGNIFICANTLY LOWER TRADING VOLUMES AND FEWER CLIENT SIGN-UPS Source text: https://bit.ly/3gOPDRa