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Headlines from last week: > It was announced on Jan. 10, 2022 that Coinbase would be slashing its workforce by about 20% (which translates to 950 employees) in
by swyx 4y ago
Headlines from last week:
> It was announced on Jan. 10, 2022 that Coinbase would be slashing its workforce by about 20% (which translates to 950 employees) in an effort to reduce overall operating expenses by 25%.
> This is the second round of layoffs for the crypto exchange, as they laid off 18% of the workforce last June as the crypto winter sets in and the space attempts to recover from the disastrous year.
why exactly is this guy getting $105m again?
- yreg 4y agoBecause he got it as a compensation when they hired him? Now he is just selling his stake after he left.
- ergocoder 4y agoHN is advocating for crawling back previously agreed compensation if an employee doesn't do their jobs well. Oh boy. Software engineers would be in shambles.
- esotericimpl 4y ago[dead]