OTIOSE/THE DISPOSABLE INDEX/Kraken

Tech Layoff Tracker & Corporate Hypocrisy Database (2020-2026)

Layoffs & Culture at Kraken

Crypto

THE NUMBERS

-1,500 EMPTOTAL DISCARDED

0.8%WORKFORCE IMPACT

THE SCALE

REDUCED BY 0.8%

PEAK WORKFORCE (EST.)181,500 EMP

CURRENT WORKFORCE180,000 EMP

HISTORY

-400 EMP(2024.10)

"corporate restructuring"

💀 TRANSLATION: Correcting our own executive incompetence.
🩸 LIKELY CASUALTIES (AI ESTIMATE):🔴Recruiting & HR (95%) ─ Reason: Hyper-growth ends, recruiting superfluous.
🔴Marketing & Communications (85%) ─ Reason: Discretionary spend cut, market stagnation.
🔴Customer Support & Operations (80%) ─ Reason: Automation targets, efficiency over empathy.
☢️ CORPORATE BS LEVEL:
90%

📰 VIEW SOURCE →

-1,100 EMP(2022.11)

"Macroeconomic and geopolitical factors"

💀 TRANSLATION: Blaming the economy because blaming our strategy would get the CEO fired.
🩸 LIKELY CASUALTIES (AI ESTIMATE):🔴Recruiting & Talent Acquisition (95%) ─ Reason: Hiring freeze renders roles obsolete.
🔴Marketing & Growth (90%) ─ Reason: Reduced demand, acquisition budget cuts.
🔴Non-Core Product/Project Management (85%) ─ Reason: Unprofitable initiatives, portfolio pruning.
☢️ CORPORATE BS LEVEL:
95%

📰 VIEW SOURCE →

Kraken has eliminated a total of 1,500 positions across 2 workforce events.

Layoffs & Culture at Kraken

THE NUMBERS

THE SCALE

HISTORY

Other Big Tech Layoffs