Coinbase Hiring Freeze Causes Massive Frustration For Candidates Who Were Promised That Their Offers Will Not Be Rescinded

Summary:

• Coinbase’s hiring frost has had a ripple effect connected would-be employees who had accepted offers from the crypto exchange, lone for the institution to bash a one-eighty grade turn.
• One campaigner said helium had fixed up a $406k occupation to commencement with Coinbase this August.
• Students connected Visas person been hard hit, arsenic was the lawsuit with Ashutosh Ukey, who said helium had accepted an connection from Coinbase alternatively of pursuing a Ph.D.
• However, each is not lost, arsenic immoderate of the candidates who person shared their experiences with Coinbase online person received assistance successful uncovering caller opportunities.

The precocious announced hiring freeze by the California-based crypto speech of Coinbase has had a ripple effect connected would-be employees who had already received occupation offers, lone for the institution to rescind them astatine abbreviated notice.

Coinbase had promised not to rescind immoderate occupation offers, according to screenshots of alleged leaked emails.

Coinbase email allegedly promising not to rescind immoderate occupation offers.

One Would-be Coinbase Employee Gave Up a $406k Per Year Job

One specified candidate, who goes by the sanction of Datadog, shared their experience, stating that they were expected to commencement with Coinbase successful August and had near a comfy occupation earning $406k per year.

However, owed to the turn of events astatine Coinbase, they person received 2 months of severance wage from the crypto exchange. Furthermore, they are present reaching retired to their aged manager to spot if they tin person their aged occupation back.

Ashutosh Ukey Had Chosen Coinbase implicit Pursuing a Ph.D.

Ashutosh Ukey shared a akin acquisition connected LinkedIn, further stating that helium had chosen to articulation Coinbase alternatively of pursuing a Ph.D. He explained that helium had rejected 3 Ph.D. offers and refused to interrogation with different companies mounting his sights connected the occupation astatine Coinbase.

Furthermore, Mr. Ukey described his concern arsenic ‘devastating’ arsenic helium was to commencement moving connected a STEM OPT VISA. He explained:

After having planned truthful overmuch of the adjacent signifier of my life, seeing it autumn isolated truthful rapidly was heartbreaking. If anyone knows openings for entry-level Software Engineering roles (that tin sponsor F1 students), your assistance would beryllium precise overmuch appreciated successful these trying times.

Hope As Would-be Coinbase Employees Receive Offers to Apply Elsewhere

Fortunately, each is not mislaid for the would-be Coinbase employees who person had their offers rescinded.

After sharing their concern online done the assorted societal media platforms, they person received proposal connected imaginable solutions to their situation, including offers to use astatine different companies.

In the lawsuit of Mr. Ukey, his communicative connected Linkedin presently has implicit 700 replies with immoderate responses asking him to use to openings astatine assorted companies specified arsenic Google, Uber, and Chainalysis. Other Linkedin assemblage members person offered to facilitate referrals to companies specified arsenic Apple and Amazon.

Another Linkedin assemblage subordinate has recommended that helium reaches retired to the universities that had offered him Ph.D. opportunities and proceed to explicate the full situation.

Similarly, the co-founder and CEO of Kraken, Jesse Powell, has requested immoderate campaigner affected by the Coinbase concern to tag the crypto speech connected Twitter if they are looking for different role. Mr. Powell’s Tweet tin beryllium recovered below.

Tag @krakenfx if you’re looking for different relation successful the space.

— Jesse Powell (@jespow) June 4, 2022