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The Real World
A CEO Laid Off 1,100 People Via Email Then Posted the Email on Medium
WTF. Read the email below
Brian Armstrong laid off 1,100 people from his company via email. He then posed the email on Medium.
I write humor and satire, but this is the real deal. Let me repeat this. Brian Armstrong, CEO of Coinbase laid off 18% of his workforce via email and then posted the email to Medium. Of course, since every employee at Coinbase is remote, this was how it had to be.
Coinbase Global, Inc., branded Coinbase, is an American company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. It is the largest cryptocurrency exchange in the United States by trading volume.The company was founded in 2012 by Brian Armstrong and Fred Ehrsam. — -Wikipedia
Let’s make it worst. He told them that those being fired would receive an email from HR telling them they were fired. But wait. The fired people…
