https://www.bloomberg.com/news/articles/2022-06-29/business-recently-cut-more-than-1-000-staff-in-spending-clampdown Expanding in other countries after US layoff. Who will follow?
Quite a few IC offers in the U.K. were rescinded though. Strange
Europe is gonna be even worse off financially than the US given their dependence on Russian oil and their economy is more fragile to begin with. Where does coinbase think they’re gonna get a bunch of crypto traders from? Idk anything about crypto culture in EU but my hunch is that it’s not as popular as in US.
This is the best remote companies can muster. They need to keep cutting costs until they can find a business model, and they’re not above stooping to dirt cheap fully remote foreign workers.
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#DeleteCoinbase