A tech company CEO said Friday on “Fox & Friends” he decided to offer “triggered” employees an opportunity to leave the crypto trading company with four months of pay.
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...
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