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Today I've made the difficult decision to reduce the size of Coinbase by ~14%

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Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#21
post #19

Lol “Non-technical teams are now shipping production code” definitely what I want my financial institution doing.

Depends on what they're shipping. We're doing this with UI work, as long as your backend is secure I don't see what the issue is personally. Generally engineers are not well placed to be building UIs.

Frontend has plenty of security considerations.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#22

Over the past year, I’ve watched engineers use AI to ship in days what used to take a team weeks. And I suspect that over the coming year, we'll be watching the consequences of this unfold.

I d like to know what exactly Coinbase has shipped with this addition to productivity.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#24
post #14
post #2

At least the compensation package sounds nice for those layed off. What I'm really intrigued by is the non technical staff deploying code to production. Now that's a gamble I want to see in the crypto space.

"US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA." 4 months basic severance pay + 1 month for 2 years emploument is nice? so total 5 months severance after 2 years of working for them or only 6 months after 4 years let me guess you are from US if you think this is nice, as European I would say this is fairly standard, nothing to br…

As an American, I’d point out that there are structural reasons the U.S. often outpaces Europe in certain areas of innovation and business, tech and otherwise. Labor regulations in many European countries make it harder to reallocate talent quickly, which can slow down company formation and scaling.

That doesn’t make one model universally better. There are clear tradeoffs on both sides. But it is part of the equation worth considering in response to your point.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#25

Earlier quoted context omitted.

This is going to save a lot of money ... until someone loots their vault and they go bankrupt. "Non-technical teams are now shipping production code" is the last thing you want to hear from your bank.

It is weird to read this considering they should have enough money to employ enough software engineers. Why would non-programmers need to ship production code in a financial context?

Because it’s faster and cheaper, which are two very important metrics?

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#26
post #14
post #2

At least the compensation package sounds nice for those layed off. What I'm really intrigued by is the non technical staff deploying code to production. Now that's a gamble I want to see in the crypto space.

"US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA." 4 months basic severance pay + 1 month for 2 years emploument is nice? so total 5 months severance after 2 years of working for them or only 6 months after 4 years let me guess you are from US if you think this is nice, as European I would say this is fairly standard, nothing to br…

When I got laid off I got 0. The company I currently work for generally gives 0 severance as well. 5 months is extremely generous

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#27

> We’ll also be experimenting with reduced pod sizes, including “one person teams” with engineers, designers, and product managers all in one role. Experimenting or cost-cutting? Are these one-person "teams" you g to be paid more for having multi-domain roles regardless of how fast AI can churn out pseudo-MVPs? We're going to see this become a trend beyond Coinbase, IMO. The idea that companies just want employees to…

Well, yeah. As an employee in general one isn't that bothered about profit. As long as one's own job is safe and the jobs of the people one's close to.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#28
post #19

Lol “Non-technical teams are now shipping production code” definitely what I want my financial institution doing.

Depends on what they're shipping. We're doing this with UI work, as long as your backend is secure I don't see what the issue is personally. Generally engineers are not well placed to be building UIs.

You are a npm import away from having big problems.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#29
post #14
post #2

At least the compensation package sounds nice for those layed off. What I'm really intrigued by is the non technical staff deploying code to production. Now that's a gamble I want to see in the crypto space.

"US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA." 4 months basic severance pay + 1 month for 2 years emploument is nice? so total 5 months severance after 2 years of working for them or only 6 months after 4 years let me guess you are from US if you think this is nice, as European I would say this is fairly standard, nothing to br…

As a European you're on a third as much though in the first place.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#30
Many comments are mocking the "Non-technical teams are now shipping production code" line as an obvious disaster waiting to happen.

I think this will be commonplace in the not too distant future.

Some disasters will happen, just like they did before AI. Skeptics will gleefully point out these failures while more and more non-technical teams ship code.

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