Coinbase Is Rescinding Job Offers Via Email as Crypto Spirals
The crypto spiral is turning Coinbase into that employer who rescinds job offers via email.Illustration: Leon Neal (Getty Images)Late Thursday, the once-mighty cryptocurrency exchange Coinbase, which reported a 4,900% increase in profits in 2021, announced that it was pausing hiring “for the foreseeable future” because of the current market conditions. And while pausing hiring may be one thing, the company then decided to be the biggest of assholes, saying that it would rescind job offers from people who had already…