Sunday, September 25, 2022

CEO of crypto firm Kraken offers severance to ‘triggered’ employees

The CEO of a tech company said Friday on “Fox & Friends” that he decided to give “triggered” employees the opportunity to leave the crypto trading company with four months’ pay.

Kraken CEO Jesse Powell told host Ainsley Earhart that he wanted to restore his company’s culture and avoid distractions, adding some employees felt it would be better if they “just left.”

“There was an overwhelming amount of support for this move, an enormous amount of support for the company’s culture and mission, and a reinforcement of those. And, I think everyone prepared to go back to work and stop being distracted. Is,” Powell said, adding a small number of employees “was distracting to the whole company.

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Powell clarified that his company hadn’t been polluted by an “anti-voke” culture for an entire decade, and it wasn’t until the crypto boom that it hired employees who didn’t align with its original mission. He said about 30 employees out of more than 3,000 staff members offered four-month severance.

“We have people from over 70 countries in the company who speak more than 50 languages. We are incredibly diverse in many ways. I think the problem is that some people have diversity of thinking,” Powell said. Told.

Powell publishes a restored mission statement so his employees have a clear idea of ​​the culture he wants to instill in his company.

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“If no one is ever angry, we don’t have enough diversity of views or we don’t have enough transparency in communication. We recognize that hurt feelings are inevitable in a global organization that optimizes team outcomes above individual feelings. The ideal Krakenite is thick-skinned and well-intentioned,” he wrote.

Powell expressed that differences are “inevitable,” and that it would be best for employees to “pursue the next chapter of their career” if employees do not align with company culture and values.

Powell described himself as a libertarian, saying he does not want employees who like their coworkers to “think like them.” He said the response from his staff was “extremely positive”.

Nation World News Desk
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