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Re:Kraken lays off 30% of staff by recvonline on Wednesday November 30, 2022 @12:00PM (#33803610)
I would assume most of the 1.1k people is support. You have timezones, hundreds of thousands of customers (if not millions). Kraken has one of the best support I encountered. But with less people buying/selling (as with Amazon: Less buying stuff, less using etc), companies are laying off Marketing, Customer Support, maybe Recruiters and HR. Maybe stopped side projects. I would not expect they shrink their engineering by much.
Re:Kraken lays off 30% of staff by KrakenEng on Wednesday November 30, 2022 @01:25PM (#33805193)
30% of Eng was cut. Multiple engineers on my team were cut. The QA team was basically wiped out. As far as I can tell, all the lawyers are still here.