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‘Tokenized’: Black Workers’ Struggles at Coinbase

nytimes.com

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Re: ‘Tokenized’: Black Workers’ Struggles at Coinbase

#5
This is in the wake of Coinbase decision to be a "mission focused company" and prevent their employees from speaking out about political issues at the workplace. It shows the dangers of being apolitical when saying "Blank employees should feel safe and welcome at their job" is apparently still a political statement.

Re: ‘Tokenized’: Black Workers’ Struggles at Coinbase

#6
> One Black employee said her manager suggested in front of colleagues that she was dealing drugs and carrying a gun, trading on racist stereotypes. Another said a co-worker at a recruiting meeting broadly described Black employees as less capable. Still another said managers spoke down to her and her Black colleagues, adding that they were passed over for promotions in favor of less experienced white employees. The accumulation of incidents, they said, led to the wave of departures.

Wow.

Re: ‘Tokenized’: Black Workers’ Struggles at Coinbase

#7
> I know it’s frustrating and distracting. Let’s keep focused on building an amazing company together.

One would hope an amazing company that doesn't cover it's ass when it turns out the executive couldn't give a hoot about the treatment of black people and now everyone knows

Re: ‘Tokenized’: Black Workers’ Struggles at Coinbase

#8

Posting a link to Coinbase's peremptory rebuttal seems apropos. https://blog.coinbase.com/upcoming-story-about-coinbase-2012...

> In general, we should expect more, not less, media coverage (both positive and negative) as we grow. I’m sorry you’ll have to deal with these types of questions and comments again — I know it’s frustrating and distracting. Let’s keep focused on building an amazing company together.

Acknowledges that bigger companies deserve more scrutiny. Then proceeds to be immature by implying that said scrutiny is merely frustrating and not worthy of any further internal dialogue.

Also, why isn’t this letter signed? It doesn’t exactly read like a corporate memo as it’s rather opinionated and sounds like one person wrote it. Is the CEO too chicken shit to put his name here?

Re: ‘Tokenized’: Black Workers’ Struggles at Coinbase

#9

> [Brian Armstrong] attributed [bad stuff] to being “on the spectrum,” according to a recording of the event. Ah, the ol’ James Damore defense.

There's nothing in the article alleging that Brian Armstrong attributed "bad stuff" to being on the autistic spectrum.

The only allegation in the article is that Brian Armstrong did not speak or make decisions at meetings, and attributed this to being on the spectrum. The full quote is:

>"Mr. Armstrong rarely spoke or made decisions in meetings, the current and former employees said, leaving them uncertain about his opinions. In a staff meeting this summer, he said he knew his style made many employees uncomfortable and attributed it to being "on the spectrum,” according to a recording of the event."

There's nothing wrong or "bad" about managers who don't speak and make quick decisions at meetings. It's just a management style, and it's disingenuous IMHO to spin it as some kind of bad behaviour.

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