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by aruanavekar 1295 days ago
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.
6 comments

LinkedIn is not an authoritative source lol
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.
Would you be able to expand on this? Why do they do that? Sounds shady.
Interesting, why would they do this?
To avoid people being targeted because they work at a crypto exchange.
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.
It's ridiculous that you can circumvent the rules that easily.
LinkedIn showed ~3400 for them when I checked a few days ago, so 1,100 is approximately 30%.
Kraken doesn't want their employees to mark that they work there on social media to reduce the risk of social hacking.
Maybe they have employees who are not on LinkedIn.
Did someone see your comment and change it? I see "3,400+ Krakenites" and "1,001-5,000 employees".