{"id":457353,"date":"2022-06-03T23:29:56","date_gmt":"2022-06-03T20:29:56","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/fired-even-before-i-started\/"},"modified":"2022-06-03T23:29:56","modified_gmt":"2022-06-03T20:29:56","slug":"fired-even-before-i-started","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/fired-even-before-i-started\/","title":{"rendered":"#&#8217;Fired even before I started&#8217;"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a255489d59cb\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a255489d59cb\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/fired-even-before-i-started\/#%E2%80%9C%E2%80%98Fired_even_before_I_started%E2%80%9D\" >&#8220;&#8216;Fired even before I started&#8217;&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1>&#8220;&#8216;Fired even before I started'&#8221;<\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>A new hire impacted by Coinbase\u2019s decision to rescind some job offers this week and freeze hiring said he was blindsided by the move.<\/p>\n<p>\u201cI was fired even before I started with the company,\u201d\u00a0the worker, whose identity was not revealed, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.businessinsider.com\/coinbase-is-withdrawing-job-offers-and-extending-hiring-freeze-2022-6\">told Business Insider<\/a>.<\/p>\n<p>Coinbase cited \u201ccurrent market conditions and ongoing business prioritization efforts\u201d in a companywide memo detailing its decision to pull some job offers. <\/p>\n<p>The announcement came just two weeks after the embattled cryptocurrency trading firm confirmed a slowdown in hiring during a steep downturn in the market.<\/p>\n<p>The latest shift upended the plans of the out-of-luck hire, who told Insider that he had accepted a Seattle-based role at Coinbase in March and was still going through the pre-employment process as recently as last week. <\/p>\n<p>But the foreign student received an email Friday revealing the offer had been rescinded \u2014 after he had already signed a lease in Seattle. He said he faced potential fees if he backed out of the agreement. Additionally, the worker faces a limited time frame to find a new gig because he is on a visa.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/brian-armstrong-25.jpg?w=1024\" alt=\"Coinbase CEO Brian Armstrong\" class=\"wp-image-22526211\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/brian-armstrong-25.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/brian-armstrong-25.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/brian-armstrong-25.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Coinbase CEO Brian Armstrong recently assured investors that the company was not in danger of bankruptcy.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>\u201cI wanted to join Coinbase because it was so big and competitive and even joined Fortune 500, but now I know how volatile and unpredictable cryptocurrency can be, I\u2019m done with it,\u201d the worker told Insider.<\/p>\n<p>A Coinbase spokesperson told The Post that the decision to rescind offers and pause hiring was \u201cextraordinarily difficult,\u201d but it \u201cmade sense for us to take stronger action to manage our expenses given how quickly we were ramping hiring.\u201d<\/p>\n<p>\u201cAs we said in our note to employees, we will continue to evaluate all of our options to responsibly navigate Coinbase through the current cycle,\u201d the spokesperson added.<\/p>\n<p>In the memo to employees, Coinbase\u2019s chief people officer LJ Brock said internal discussions made it clear the company needed \u201cto take more stringent measures to slow our headcount growth.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/coinbase-01.jpg?w=1024\" alt=\"Bitcoin\" class=\"wp-image-22526214\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/coinbase-01.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/coinbase-01.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/coinbase-01.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The price of bitcoin has plunged in recent months.<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>Brock said the hiring pause will extend \u201cfor the foreseeable future\u201d and include job backfills for departing employees, unless they are critical to the company\u2019s operations.<\/p>\n<p>Coinbase will also \u201crescind a number of accepted offers,\u201d with impacted workers informed by email.<\/p>\n<p>\u201cThis decision is not a reflection on the highly talented people we had extended job offers to,\u201d Brock said. \u201cWe will <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ly our generous severance philosophy to offset the financial impact of this decision.\u201d<\/p>\n<p>Coinbase said it would create a \u201ctalent hub\u201d to assist affected candidates with job placement, resume reviews, interview coaching and other needs. It\u2019s unclear how many offers were rescinded.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/coinbase-2.jpg?w=1024\" alt=\"Coinbase\" class=\"wp-image-22314167\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/coinbase-2.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/coinbase-2.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/coinbase-2.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Coinbase initially planned to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>le its headcount this year.<\/figcaption><figcaption><span class=\"credit\">SOPA Images\/LightRocket via Gett<\/span><\/figcaption><\/figure>\n<p>\u201cWe always knew crypto would be volatile, but that volatility alongside larger economic factors may test the company, and us personally, in new ways,\u201d Brock added. \u201cIf we\u2019re flexible and resilient, and remain focused on the long term, Coinbase will come out stronger on the other side.\u201d<\/p>\n<p>The hiring freeze was the latest troubling sign for Coinbase. The company\u2019s stock plunged last month after a weak first-quarter earnings report and a warning that the crypto holdings of its customers\u00a0could be at risk if it goes bankrupt.<\/p>\n<p>Later, CEO Brian Armstrong posted a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of tweets in which he addressed the situation and said the company was at \u201cno risk of bankruptcy.\u201d<\/p>\n<p>Coinbase isn\u2019t the only company dialing back on its hiring plans due to difficult market conditions.<\/p>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> has also rescinded some job offers and paused hiring in recent days as it moves forward with negotiations related to Elon Musk\u2019s takeover bid of the company.<\/p>\n<p>And earlier this week, another trading hub, Gemini, revealed it would cut 10% of its staff due to what co-founders Cameron and Tyler Winklevoss described as the onset of \u201ccrypto winter.\u201d<\/p>\n<p>Bitcoin is trading below $30,000 this week, down from its all-time high of $69,000 achieved last November.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/06\/03\/coinbase-rescinding-job-offers-for-new-hires-fired-even-before-i-started\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;&#8216;Fired even before I started&#8217;&#8221; A new hire impacted by Coinbase\u2019s decision to rescind some job offers this week and freeze hiring said he was blindsided by the move. \u201cI was fired even before I started with the company,\u201d\u00a0the worker, whose identity was not revealed, told Business Insider. Coinbase cited \u201ccurrent market conditions and ongoing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":457354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/coinbase-comp.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[74862,74956,129880,76127,5069,5070],"class_list":["post-457353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-coinbase","tag-6-3-22","tag-cryptocurrency","tag-economy","tag-jobs"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/457353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=457353"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/457353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/457354"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=457353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=457353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=457353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}