Re:Culture at Coinbase
by whoevercares on Thursday June 10, 2021 @12:44AM
(#27456741)
Remind me of Amazon’s leadership principle. Isn’t that generally considered a bit toxic?
[ Parent
| on HN ]
> Unremarkable performance gets a generous severance package
> We are a winning team, not a family
I find these super unpalatable
Re:Culture at Coinbase
by whoevercares on Thursday June 10, 2021 @12:59AM
(#27456832)
To be fair, If the CEO tells me “We are a family”, I won’t believe it either
That's true of most companies. Saying that you care about your people doesn't make it true.
Why?
Because it feels like they don't care about you and will immediately take you out if you show an inch of unproductivity. And I'm guessing we all know the outcome of such type of pressure.
Yeah, but why would they —- tons of people just got liquid, and they are essentially realizing relatively large compensations over the next several years. At the same time, there’s an influx of new cheaper hires (WRT equity), and a lot of demand to work there. Why are they going to continue paying their workforce with such a disadvantageous distribution when they can adjust toward the mean? Now they can easily replace both groups of people due to demand to work there.