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Home/Companies/Crypto/Kraken
K
United States
Crypto

Kraken layoffs, tracked in full.

Kraken has cut 1,500 jobs across 2 tracked rounds since 2020. The most recent round was announced Oct 30, 2024, affecting 400 employees.

Last verified Oct 30, 2024|See methodology
At a glance
1,500
people laid off since 2020
Rounds
2
tracked
Industry share
12.2%
of Crypto cuts
Largest round
1,100
Nov 30, 2022
Most recent
Oct 30, 2024
400 cut
Total since 2020
All time
1,500
Across 2 rounds
Most recent round
Oct 30, 2024
400
Kraken Layoffs — 2024-10-30
Layoff rounds
Tracked
2
Nov 30, 2022 — Oct 30, 2024
Industry share
Cumulative
12.2%
of all Crypto cuts
Complete timeline · 2 verified rounds

Every Kraken layoff, documented.

Date
Event
Headcount
Location
Severity
Source
Oct 302024
Kraken Layoffs — 2024-10-30
400
15.0% of total
SF Bay Area
US
High
nytimes.com ↗
Nov 302022
Kraken Layoffs — 2022-11-30
1,100
30.0% of total
SF Bay Area
US
Severe
kraken.com ↗
By geography

Where the cuts landed, city by city.

  1. #01
    SF Bay Area
    2 ROUNDS · US
    1,500
Country breakdown
100% of cuts in United States
United States
1,500
Frequently asked

Questions about Kraken layoffs.

How many people has Kraken laid off since 2020?+
Our dataset tracks 1,500 job cuts across 2 layoff rounds at Kraken since January 2020. All rounds are cross-referenced against WARN Act filings, SEC disclosures, and verified news reports.
When were Kraken's most recent layoffs?+
Kraken's most recent tracked layoffs were announced on October 30, 2024. Scroll up to the timeline for the full round-by-round history.
What percentage of Kraken's workforce has been laid off?+
An exact workforce percentage isn't available for Kraken — we don't have a confirmed peak headcount figure. The total cut figure above reflects all verified rounds in our dataset.
Which teams were affected by Kraken layoffs?+
Team-level data for Kraken is limited in our current dataset. Where available, division breakdowns are shown above.
Where does Kraken layoff data come from?+
Our data combines WARN Act government filings (mandatory for US employers cutting 50+ workers with 60-day notice), SEC 8-K corporate disclosures, and verified news reports. Each event is assigned a verification tier. See our methodology for full standards.
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