The latest rally in crypto sees Bitcoin near $111,000 and total market cap at $3.8 trillion. However, talent churn is rising as mid-level engineers and ops teams face burnout from relentless demands. A study found 45% in toxic cultures plan to quit, prompting Kraken to launch a voluntary offboarding program for respectful exits.

Kraken, founded in 2011, has evolved into a global exchange serving millions. Its new program, “Sail Away,” offers paid transitions and career support for employees seeking their next chapter. This move towards respectful exits contrasts with abrupt departures common in crypto, signaling a shift in industry culture.

The crypto labor market is in flux, with workers moving between sectors. While some leave for AI startups, others enter crypto from traditional finance. This turnover highlights the need for balance between growth and sustainability in the industry. Kraken’s program aims to keep the door open for returning alumni, a departure from traditional one-way exits.

Read more at Yahoo Finance: Coinbase rival announces major change for departing workers