Coinbase Employees Have Begun to Take Severance Packages

[Galaxy]

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 six months. So far, at least three people in the 1,200-person firm have taken the severance package, one of these sources told CoinDesk on Friday.

In the past week, Coinbase CEO Brian Armstrong published a blog post discouraging politics in the office and offered a severance package for employees who disagreed with a new mission statement. According to three employees, who all spoke with CoinDesk on the condition of anonymity, Armstrong and other managers at the San Francisco-based crypto exchange said in company-wide meetings that they had been planning this move for six months.
Info Link: https://www.coindesk.com/coinbase-employees-have-begun-to-take-severance-packages