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It does appear Coinbase is paying severance to folks who hadn't started yet- so that is a plus. I have no idea if it is really "generous" as they claim in thei
by ensignavenger 4y ago
It does appear Coinbase is paying severance to folks who hadn't started yet- so that is a plus. I have no idea if it is really "generous" as they claim in their blog post, though.
- actually_a_dog 4y agoConsidering how the usual "severance" package in this type of scenario is a "fuck you" and a kick in the ass, I'd say any amount is pretty generous.
- xosset 4y agoThey also are a growth company with revenue "growing" -35% last quarter. It is a pretty nice touch really given the circumstances.
- abirch 4y agoHow likely are good programmers to accept offers from Coinbase in the future? It sounds like a death spiral with the lack of backfilling.
- turtledove 4y agoOne hopes not likely, but who could say. An unethical company that mistreats its workers and also expects them to shut up and get in line? ... Describes quite a few tech companies to be honest.
- abirch 4y agoYou're right about who is to say. It depends on how much Crypto grows and how important engineering is to a Crypto brokerage, e.g., Vanguard's UI sucks but their rates are great and that's why I have my money there.
- deleted 4y ago[deleted]
- benatkin 4y agoThe key is offsetting financial hardship, as they said. I think it will set back the job search months for some people, perhaps longer depending on what happens with the economy. I think severence based a month or two's living expenses would be reasonable though.