I wasn’t a new hire SWE at Coinbase personally, however some my friends were. They even were in the interview loops with FAANG+ companies and even turned down competing offers just to be told four days before their start date that their offer was rescinded. There are even more horror stories all over LinkedIn of people on VISA who turned down top CS PhD programs and competing offers for Coinbase. If Coinbase’s rep isn’t permanently tarnished after this, then this will become the new norm across industry. Please act now #uber #airbnb #coinbase
Yeah man right. Agree
Wow this is horrible
Agree.Trying to understand why Uber and Airbnb are tagged. Did they do the same thing?
Lots of layoffs
No layoffs at Airbnb as far as I can tell
This is on top of reassuring new hirees there wouldn't be rescinds. https://www.teamblind.com/post/coinbase-email-from-2-weeks-ago-rip-y2uYabqw I was supposed to start next week. I already gave notice. I'm devastated.
Damn bro. Hope you are able to figure things out. All the best.
Same here mate. I had hesitations but that email made me confident it was okay. Pretty fucked up
I also heard that they are giving 3 month pay to those whose offer is rescinded. Is that true?
Yeah, it’s true. However, a huge part of the the tc is in the stock grant. I think the 3-month severance pay is only on the base
I think it depends on their start date. I saw some with 1 month only if their start date is further out
100% agree! Fuck Coinbase, go kick rocks.
Isn’t that going to hurt us economy?
People on blind are too young to recall the last recession. I graduated during that time and most of my foreign classmates had to return to their home country due to visa reason - it was almost impossible to find a job. The last 10 years’ bull run has spoiled us all.
Spoiled? Try corrupted. It has created a culture of entitlement where unqualified people get high paying jobs and still expect more. Time to return to reality. Seriously.
Sad
coinbase is useless anyways
Haha
TC
195