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Today I've made the difficult decision to reduce the size of Coinbase by ~14%
11–20 of 842 posts
Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#12"Non-technical teams are now shipping production code"
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.
Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#13Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#14At 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 brag about, 3 months should be bare minimum by law
Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#15> Non-technical teams are now shipping production code and many of our workflows are being automated. T
Is Brian here? Can he speak more to this? What exactly are non technicals shipping to production code?
I've got no position in Coinbase but is that a wise thing to say as a public company? I'd be alarmed if I were a share holder
Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#16Lol “Non-technical teams are now shipping production code” definitely what I want my financial institution doing.
That statement does not inspire confidence considering how ripe crypto is for hackers/scammers, if anything it makes me want to close my Coinbase account.
Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#17Even his post is written by AI. Now that's efficiency!
Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#18"Non-technical teams are now shipping production code"
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?
Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#19Lol “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.
Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%
#20> Coinbase is well-capitalized, has diversified revenue streams, and is well-positioned to weather any storm. Crypto is also on the verge of the next wave of adoption
Crypto is always about to take off. If the company is sitting so well, and is facing imminent growth, then they don't need to do layoffs, they want to. Or the company is not sitting so rosy and they're not too sure about their future.
> Non-technical teams are now shipping production code
What could go wrong?