Abstract:
- Coinbase’s hiring freeze has had a ripple impact on would-be workers who had accepted gives from the crypto alternate, just for the corporate to do a one-eighty diploma flip.
- One candidate mentioned he had given up a $406k job to start out with Coinbase this August.
- College students on Visas have been onerous hit, as was the case with Ashutosh Ukey, who mentioned he had accepted a proposal from Coinbase as a substitute of pursuing a Ph.D.
- Nevertheless, all is just not misplaced, as a few of the candidates who’ve shared their experiences with Coinbase on-line have acquired help find new alternatives.
The lately introduced hiring freeze by the California-based crypto alternate of Coinbase has had a ripple impact on would-be workers who had already acquired job gives, just for the corporate to rescind them at brief discover.
Coinbase had promised to not rescind any job gives, according to screenshots of alleged leaked emails.
One Would-be Coinbase Worker Gave Up a $406k Per Yr Job
One such candidate, who goes by the identify of Datadog, shared their experience, stating that they have been supposed to start out with Coinbase in August and had left a snug job incomes $406k per yr.
Nevertheless, as a result of flip of occasions at Coinbase, they’ve acquired two months of severance pay from the crypto alternate. Moreover, they’re now reaching out to their outdated supervisor to see if they’ll have their outdated job again.
Ashutosh Ukey Had Chosen Coinbase over Pursuing a Ph.D.
Ashutosh Ukey shared the same expertise on LinkedIn, additional stating that he had chosen to affix Coinbase as a substitute of pursuing a Ph.D. He defined that he had rejected three Ph.D. gives and refused to interview with different corporations setting his sights on the job at Coinbase.
Moreover, Mr. Ukey described his scenario as ‘devastating’ as he was to start out engaged on a STEM OPT VISA. He explained:
After having deliberate a lot of the subsequent stage of my life, seeing it disintegrate so shortly was heartbreaking. If anybody is aware of openings for entry-level Software program Engineering roles (that may sponsor F1 college students), your assist could be very a lot appreciated in these attempting instances.
Hope As Would-be Coinbase Workers Obtain Affords to Apply Elsewhere
Happily, all is just not misplaced for the would-be Coinbase workers who’ve had their gives rescinded.
After sharing their scenario on-line by the assorted social media platforms, they’ve acquired recommendation on doable options to their scenario, together with gives to use at different corporations.
Within the case of Mr. Ukey, his story on Linkedin presently has over 700 replies with some responses asking him to use to openings at numerous corporations comparable to Google, Uber, and Chainalysis. Different Linkedin neighborhood members have supplied to facilitate referrals to corporations comparable to Apple and Amazon.
One other Linkedin neighborhood member has advisable that he reaches out to the schools that had supplied him Ph.D. alternatives and proceed to clarify your complete scenario.
Equally, the co-founder and CEO of Kraken, Jesse Powell, has requested any candidate affected by the Coinbase scenario to tag the crypto alternate on Twitter if they’re on the lookout for one other position. Mr. Powell’s Tweet might be discovered beneath.
Tag @krakenfx should you’re on the lookout for one other position within the area.
— Jesse Powell (@jespow) June 4, 2022