Unable To Be Influenced By Bear Market, Ripple Will Stay A New Employee Recruiter

Ripple opens job vacancies even though it's a bear market. (Photo; Doc. Mycryptopedia)

JAKARTA In the midst of a decline in the crypto market in recent months, cross-border payment solutions company Ripple has continued to recruit new employees. The San Francisco-based company posted a number of job vacancies for several positions.

Ripple's new employees will be part of the design team, marketing, and company website managers. One of the job vacancies offered by Ripple is for full-stack engineers assigned to guide technology decisions and implement different strategies.

Ripple provides a number of conditions for those interested in filling the job. Prospective employees must have in-depth knowledge of web development. In addition, he must be a "strong leader and communicator" who will be able to spearhead front-end in-house developers.

Previously, Ripple announced that it would continue to open job vacancies even though the market is experiencing a decline or bear market. This step is a different strategy implemented. When other crypto companies laid off during a bear market, Ripple actually recruits employees to prepare themselves after the recovery of the crypto market.

Meanwhile, a number of crypto companies that cut employees include crypto exchange giant Coinbase, OpenSea's leading NFT marketplace, BlockFi crypto lending, and various big names from other crypto industries due to the decline in the crypto market in recent months.

In early 2022, Ripple announced plans to recruit 50 engineers for its new office in Canada. Ripple also became one of the companies that grew rapidly in the US in August. The company, founded in 2012, is currently focusing on expanding companies outside the United States.