This is an email I sent earlier today to all employees at Coinbase: Team, Today I’ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it means for those affected, and how... — read more
700 jobs gone
Erased due to AI. Although I call bullsh-t. It's not AI. They just want to get rid of as many of us as they can and they're using the latest available excuse. AI creates more work than it saves. I know, I've been dealing with its mistakes for a while... — read more
Leave Traditional Banking Job For Fintech?
Howdy, Got an interview request to do cyber controls/risk work with a "crypto leader." Recruiter is being coy about which firm but I figured I'd post here for thoughts. Anyone here have info on how the gov/risk/compliance departments are here?... — read more
Cuts, cuts...
In January, we cut about 20% of our employees, which would result in roughly 950 people losing their jobs. Declining crypto markets and lower expectations for growth in tech companies are rough - so need to cut resources. This move came after we had... — read more