IPFS News Link • Employee and Employer Relations
Coinbase Rescinds Accepted Job Offers by Email, Calls It 'Prudent' Decision
• https://www.vice.com By Maxwell StrachanThe cryptocurrency exchange Coinbase announced to employees on Thursday that it had decided to rescind a number of job offers that had already been accepted, blaming the decision on broader economic struggles, as well as a downturn in the cryptocurrency markets.
"While we did not make this decision lightly, it is the prudent one given market conditions," "Chief People Officer" L.J Brock said in a note to staff, which the company also shared publicly.