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The cruelest part of this: https://twitter.com/TeamBlind/status/1532769735393169410 https://twitter.com/TeamBlind/status/1532769735393169410 2 weeks ago they
by rococode 4y ago
The cruelest part of this:
https://twitter.com/TeamBlind/status/1532769735393169410 https://twitter.com/TeamBlind/status/1532769735393169410
2 weeks ago they sent out emails saying "we will not be rescinding the offers of any employees who have already signed or have received an offer from us".
They then proceeded to rescind offers from people who received this assurance.
2 weeks is long enough that people signed leases, resigned from jobs, moved cities. And yet it's also short enough that Coinbase leadership was certainly already preparing to make this decision.
- Ferrotin 4y ago> And yet it's also short enough that Coinbase leadership was certainly already preparing to make this decision. You don’t need any “preparation” to make this decision. Information changed, and a new course of action is taken.
- hinkley 4y agoThese are hallmarks of people being uncomfortable having difficult conversations. Either because they can’t, or they’ve been punished for trying by someone higher up.
- onemiketwelve 4y agoIsn't this a promissory estoppel?
- xpe 4y agoWould someone with legal experience care to weigh in?
- encryptluks2 4y agoI mean in all honesty it these prospective employees can hold out and get good counsel they may end up with 5+ years of salary in settlement negotiations.
- xpe 4y ago5 years? Why? What has your experience shown you?
- encryptluks2 4y agoIt really depends, but 5 years salary for wrongful termination isn't far fetched. The fact that they sent an email saying this wouldn't happen and then it did does indicate breach of contract. They could be held responsible for compensatory damages to make up lost wages and punitive damages.