Coinbase Underpaid Women, Black Employees, NY Times Reports
The Times' data included pay details for most of Coinbase’s roughly 830 employees at the end of 2018. Source
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Employees
Elon Musk Warns Employees against TSLA Stock Decline, Says Tesla Needs to Control Costs
Musk told analysts on Tesla’s third-quarter earnings call that the company is only trying to spend money and not waste it.Tesla Inc (NASDAQ: TSLA) CEO Elon Musk warned employees against stock decline if the company does not control costs. The CEO sent the warning through an email on the 1st
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NYT Reports Allegations of ‘Racist or Discriminatory’ Treatment of Employees at Coinbase
The New York Times has published a critique of Coinbase’s internal diversity policies, with several former employees complaining of “racist or discriminatory” treatment. The report by journalist Nathaniel Popper, published Friday, is based on commentary from 23 current and former Coinbase employees. It paints the picture of a company that “has
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GoDaddy Employees Tricked Into Transferring Control of Crypto Firm Domains: Report
Cryptocurrency trading platform liquid.com and crypto mining firm NiceHash were two of at least six firms that had control of their domains briefly transferred to malicious actors last week after employees at GoDaddy, the world’s largest domain registrar, were again tricked by fraudsters, KrebsOnSecurity reported. Source
Read MoreThe curious case of Coinbase — employees driven out by ‘apolitical’ stance
America’s largest cryptocurrency exchange, Coinbase, made headlines over the past few weeks for an internal culture change that effectively told employees that there will be no space for social activism within its walls. Furthermore, a recently leaked audio apparently reveals that most employees approve of the new direction.The “apolitical” stance that
Read MoreCoinbase hemorrhages employees following controversial culture stance
After adjustments to company policies, popular U.S.-based crypto exchange Coinbase has seen backlash from employees who disagreed with the changes. Coinbase received national attention for a recent change to its policies, which required employees to avoid political and social distractions, and instead focus on its core mission of building "an open
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5% of Coinbase Employees Take Severance Offer Over ‘Apolitical’ Stance
Coinbase has lost 60 people from its 1,200-person staff after an updated mission statement from CEO Brian Armstrong sparked fierce debate over how companies should respond to today’s charged politics.In a companywide memo obtained by CryptoX, Armstrong informed employees that 5% of the company’s workforce had accepted the severance package
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Coinbase Employees Have Begun to Take Severance Packages
Companies can’t become “apolitical” overnight.According to multiple Coinbase workers, the plan to offer a clean exit for mission-dissenting staffers has been in the works for over six months. So far, at least three people in the 1,200-person firm have taken the severance package, one of these sources told CryptoX on
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Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission
Coinbase's CEO has issued a company-wide letter informing employees to get in line with a new cultural shift or take a severance package. Source
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Coinbase Has Drawn a Line in the Sand for Its Activist Employees
You might call it taking a stand by not taking one.Brian Armstrong, CEO of Coinbase, took a strong stance against employee-driven corporate activism over the weekend, explaining that, going forward, his company would be “mission focused.”That means Coinbase will devote all of its attention to achieving the goal creating “infrastructure
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