News for hackers. Stuff that matters.
Re:Kraken lays off 30% of staff by aruanavekar on Wednesday November 30, 2022 @12:04PM (#33803675)
Strange, LinkedIn shows staff of 500+ https://www.linkedin.com/company/krakenfx/ and the press-release mentioned "1,100 people, or 30 percent". Number do not add up.
Re:Kraken lays off 30% of staff by acedTrex on Wednesday November 30, 2022 @12:07PM (#33803726)
LinkedIn is not an authoritative source lol
Re:Kraken lays off 30% of staff by woodruffw on Wednesday November 30, 2022 @12:06PM (#33803714)
LinkedIn showed ~3400 for them when I checked a few days ago, so 1,100 is approximately 30%.
Re:Kraken lays off 30% of staff by newmac on Wednesday November 30, 2022 @12:09PM (#33803779)
Kraken regularly used shell/cover companies to hire employees. They have a pretty complex web of fronts not-called-Kraken. Entire offices are 'employed' by one of these companies.
Re:Kraken lays off 30% of staff by suh_dude on Wednesday November 30, 2022 @12:56PM (#33804657)
Interesting, why would they do this?
Re:Kraken lays off 30% of staff by ceejayoz on Wednesday November 30, 2022 @01:11PM (#33804934)
As one example: in the US, employers with more than 100 employees have to give 60 days notice of layoffs of a certain size. Outsource customer service to small, closely held subcontractors and you can avoid the requirement.
Re:Kraken lays off 30% of staff by lordnacho on Wednesday November 30, 2022 @01:30PM (#33805292)
It's ridiculous that you can circumvent the rules that easily.
Re:Kraken lays off 30% of staff by WXLCKNO on Wednesday November 30, 2022 @02:26PM (#33806193)
To avoid people being targeted because they work at a crypto exchange.
Re:Kraken lays off 30% of staff by gorkempacaci on Wednesday November 30, 2022 @02:29PM (#33806246)
Would you be able to expand on this? Why do they do that? Sounds shady.
Re:Kraken lays off 30% of staff by brink on Wednesday November 30, 2022 @12:16PM (#33803904)
Kraken doesn't want their employees to mark that they work there on social media to reduce the risk of social hacking.
Re:Kraken lays off 30% of staff by tedunangst on Wednesday November 30, 2022 @12:07PM (#33803736)
Maybe they have employees who are not on LinkedIn.
Re:Kraken lays off 30% of staff by lucasmullens on Wednesday November 30, 2022 @12:07PM (#33803724)
Did someone see your comment and change it? I see "3,400+ Krakenites" and "1,001-5,000 employees".