I'd say for some crypto companies it may have been a great excuse to lay off their woke brigade. I've been hearing many stories in some of these companies that would shock traditionalists. Kraken comes to mind as one of those companies that had to get rid of staff who had problems with everything. Maybe this was badly needed.
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In many industries now, employees are getting so entitled. Look at the Twitter- Musk debacle - Twitter employees working in IT complaining about change.
Tells me,
Something needs to change.