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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%

#211

Post by l0gicpath »

JeremyNT wrote: post #148
wiseowise wrote: post #41

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their bio…

Let's be honest, this is a crypto exchange. "Line go up" is the only philosophy these people adhere to. > Also, I find it really bizarre that those neo feudal lords see their companies as just a life stock to count. They don't even count people, just see them as numbers to reduce/scale up. Modern tsardom, but instead of being tied via official decree you're now tied by your lifestyle and family. People don't work som…

I fail to see how this is specific to a crypto company. You’re drawing a correlation that’s not backed up by any empirical evidence.

The GP post describes a common problem in _most_ workplaces in the market today. It’s not specific to crypto, AI, or anything in between.

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

#213

Post by scottlamb »

> We’ll be concentrating around AI-native talent

Is this code for "we're firing all the old people"? As I understand it, I can say I'll only hire proficient English speakers (a "bona fide occupational requirement"), but I can't say I'll only hire native speakers, as that would discriminate against various protected groups. This seems like the same thing—proficiency may be a bona fide requirement, but expecting they learned this year's workflow first is age discrimination.

I don't expect ethical conduct from crypto companies and will not be sad if they are sued into oblivion.

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

#215

Post by nclin_ »

wiseowise wrote: post #41

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their bio…

Aahahahaha yes the solidarity of the common memecoiner must not be broken.

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

#216

Post by claytonjy »

zdragnar wrote: post #188
butterlesstoast wrote: post #158

Earlier quoted context omitted.

I respected the "No Pure Managers" part. That's similar to what happened at our org. The question remains, if there are no pure managers, then is this CSM / Sales shipping production code? If yes, then it's indeed scary... > No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams.

I've strongly disliked every team where this was the case. The people in those positions ended up being neither good managers nor good engineers. YMMV, I suppose, but this combined with the AI nonsense just makes the dislike even harder.

My experience as well. It sounds nice at first, but since it’s tied to org flattening these “player-coaches” end up with 15-20 reports, which is way too many for even a pure manager.

I noticed it was especially bad for on-call and incident response; these managers get pulled in to all the incidents because of their status and supposed involvement, but are not particularly useful in those rooms, adding even more cooks to the already crowded kitchen.

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

#217

Post by Aeolun »

zdragnar wrote: post #188
butterlesstoast wrote: post #158

Earlier quoted context omitted.

I respected the "No Pure Managers" part. That's similar to what happened at our org. The question remains, if there are no pure managers, then is this CSM / Sales shipping production code? If yes, then it's indeed scary... > No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams.

I've strongly disliked every team where this was the case. The people in those positions ended up being neither good managers nor good engineers. YMMV, I suppose, but this combined with the AI nonsense just makes the dislike even harder.

I haven’t had it turn out well with pure managers either, so I’m not sure how much the distinction helps.

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

#218

Post by rozap »

lkbm wrote: post #150
turtlebits wrote: post #118

Earlier quoted context omitted.

Who cares? If you're getting laid off, the only thing that really matters is the severance package. Its all lip service - either AI generated or hand written.

> If you're getting laid off, the only thing that really matters is the severance package. I don't think this is true. Humans typically prefer "thanks for the hard work, here's your severance" to "you suck, here's your severance, loser." Humans like being treated with respect, and words are a big part of that. Money is nice, but it's not the only thing we care about.

It's the only thing crypto folks care about, so idk, I think it's fitting.

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

#219

Post by londons_explore »

AI is the next big hype.

Crypto was a big hype of last decade.

Every year that goes by there are fewer people interested in an old hype, and therefore a smaller and smaller market for coinbase.

Coinbase is on a path to death. It might take 20 years, but the decline has already begun.

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

#220

Post by pishpash »

willio58 wrote: post #206
azinman2 wrote: post #136

"Non-technical teams are now shipping production code" Boy that's scary for a company that's effectively fintech...

Yep I take this as a signal to remove the remaining amount of crypto I had on coinbase out. Fun thing for tonight!

What are the top alternatives? (And are they doing the same thing?)
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