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Brad Garlinghouse, CEO of Ripple, revealed that 75% of the company's open job offers are in the United States
This is a stunning reversal from previous years, where the enterprise blockchain company conducted the majority of its hiring overseas.
As of now, Ripple has 31 job openings in San Francisco and New York, most of which are in the engineering sector.
Garlinghouse claims SEC Chairman Gary Gensler "froze" its business opportunities at home for years.
On the cusp of a lawsuit filed by the Securities and Exchange Commission in December 2020, Ripple was deemed to have its global headquarters outside the US, and Ripple's Garlinghouse also claimed that 95% of the company's customers are not from the US during an interview with CNN's Julia Chatterley.
However, she eventually decided to remain in her home country despite regulatory hostility and legal issues.
In 2022, Garlinghouse He said That the company was operating as if it had already made a loss by hiring more people outside the United States
Ripple executives have repeatedly criticized the SEC for hurting the cryptocurrency industry.
In 2023, Ripple's CEO revealed that the company still does a whopping 80% of its hiring outside the US.
However, now that Gensler has confirmed his departure, the company is on a hiring spree.
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