For a company built on a Ponzi-scheme (crypto) they sure are being good to their employees and that’s laudable.
“Separation pay: We will pay 16 weeks of base pay for all departing Krakenites inclusive of the paid leave period.
Performance bonus: For those eligible, we will pay each departing Krakenite their bonus as determined by their manager.
Benefits: We will offer eligible Krakenites 4 months of healthcare continuation coverage inclusive of the paid leave period.
All Krakenites will continue to have access to counseling services during this period.
Extension of exercise window: We will extend departing Krakenites’ window to exercise their vested stock options.
Immigration support: Kraken will provide dedicated visa and immigration support for those currently on company-sponsored visas.
Outplacement support: We will provide career support for departing Krakenites, including networking opportunities, job search best practices, interview guidance, and more.”
“Separation pay: We will pay 16 weeks of base pay for all departing Krakenites inclusive of the paid leave period.
Performance bonus: For those eligible, we will pay each departing Krakenite their bonus as determined by their manager.
Benefits: We will offer eligible Krakenites 4 months of healthcare continuation coverage inclusive of the paid leave period.
All Krakenites will continue to have access to counseling services during this period.
Extension of exercise window: We will extend departing Krakenites’ window to exercise their vested stock options.
Immigration support: Kraken will provide dedicated visa and immigration support for those currently on company-sponsored visas.
Outplacement support: We will provide career support for departing Krakenites, including networking opportunities, job search best practices, interview guidance, and more.”