“Triggered” employees offered four months of severance pay to leave company

| June 17, 2022

Jesse Powell, CEO for Kraken, laid out a mission statement that clarified what “Krakenites” should use to guide their working actions. Kraken did not start with a bunch of employees embracing “wokeness”. However, during the crypto boom, many employees were taken on board who had such philosophy. He offered woke employees severance pay to leave the organization to aid with his efforts to redirect the organizational culture towards meeting Kraken’s objectives.

From Fox News:

Kraken CEO Jesse Powell told host Ainsley Earhardt he wanted to restore his company’s culture and avoid distractions, adding some employees felt it was better if they “just moved on.”

“There was a huge amount of support for this move, huge amount of support for the company’s culture and mission and the reinforcement of those. And, I think everyone’s just ready to get back to work and stop being distracted,” said Powell, adding a small number of employees were “creating distractions for the whole company.”

Powell went on to clarify that his company had not been polluted with “anti-woke” culture for an entire decade, and it was not until the crypto boom that staff was hired who did not align with their original mission. He said about 30 employees took the offer of four months severance out of more than 3,000 staff members.

“We’ve got people from more than 70 countries in the company, that speak more than 50 languages. We’re incredibly diverse in many ways. I think that the problem that some people have is this diversity of thought,” said Powell.

Powell published a restored mission statement, so his employees have a clear idea of the culture he wants to instate in his company.

“If nobody is ever offended, we either don’t have enough diversity of thought or we don’t have enough transparency in communication. We recognize that hurt feelings are inevitable in a global organization that is optimizing for team outcomes above individual sentiment. The ideal Krakenite is thick-skinned and well intentioned,” he wrote.

Fox News has this story here.

Category: Society

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Whole new meaning to the term…”Release the Kraken(s)”?



Business folk are starting to realize progressive “Environmental, Social and Governance (ESG)” and “stakeholder capitalism” BS benefits someone else and not their business.

AW1 Rod

Yup. They must be reading “Woke, Inc.”, by Vivek Ramaswamy. He lays it all out very nicely.


They need to read (and comprehend) faster…

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Last edited 1 year ago by Anonymous

I read where several SpaceX employees called out Musk in a public letter recently. At least 5 became suddenly unemployed.

jeff LPH 3 63-66

Didn’t know what the kraken company did so I googled it and found out it is a bit coin company. so the employees did their bit to work in the company and then woke up and and to coin a phrase, didn’t let the door hit their asses.


Them and the Coinbase folk.

jeff LPH 3 63-66

I stick to the old fashioned coins. Still have an original 3 barrel .25C, 10C and .5C coin changer made in the USA. Bought a Knock off 4 barrel that held pennies made in china. The original Mc Gill Paragon changer I bought in a Rexall drug store. This was the kind that the Good Humor and Bungalow Bar ice cream drivers used when they came around the neighborhood selling ice cream.