Seems like a pretty expensive way to let people go, even if that's a desired byproduct. These are much more generous separation packages than I'd imagine a distressed startup giving away. Also, they're hiring. A bunch of open Reqs.
what if Coinbase *wants* a mass exodus and is pushing culture as the trigger point so they dont have to announce mass layoffs - this is then a *voluntary* culture reset rather than bad press accompanying layoffs. Can think of atleast 2 state laws they wont trigger this way.https://twitter.com/fintechfrank/status/1311150736516902913 …
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yeah they’re hiring but they’re also going remote, which probably means the new folks they bring in will be cheaper.
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It's a pretty decent exit package. A lot better than most get.
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