Ripple continues to hire despite bearish market conditions

Despite the adverse market conditions made worse by several significant sector companies filing for bankruptcy, including Terra, Celsius, and FTX, Ripple continues to hire.

Ripple Continues Hiring Despite Bear Market Conditions

Ripple recently tweeted about two positions available in its Toronto office: senior director of engineering and a senior staff software engineer.

Canada, which Ripple refers to as its “key engineering hub,” saw the opening of its first office in June. In response, Ripple declared that it would begin a hiring drive to bring on “hundreds” of blockchain software engineers.

Ripple CEO Brad Garlinghouse stated that the company would keep hiring as the bear market deepened, in contrast to other cryptocurrency companies like Coinbase and Gemini, who had drastically reduced their workforces. Global authorities have praised Ripple’s efforts as it was named the fourth-best workplace for parents in 2022.

In a Great Place to Work survey, 95% of Ripple employees said their company was the greatest to work for, compared to 57% of employees at other U.S. companies.

ODL recorded significant Q3 growth in additional international markets, showing that it is still gaining traction on a worldwide scale. Like ODL users, Ripple’s line of credit offers enable quick and inexpensive money sourcing. A line of credit offers one straightforward loan arrangement that enables upfront access to funds for any market.

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