How likely are good programmers to accept offers from Coinbase in the future?

It sounds like a death spiral with the lack of backfilling.

One hopes not likely, but who could say. An unethical company that mistreats its workers and also expects them to shut up and get in line?

...

Describes quite a few tech companies to be honest.

You're right about who is to say. It depends on how much Crypto grows and how important engineering is to a Crypto brokerage, e.g., Vanguard's UI sucks but their rates are great and that's why I have my money there.

Considering how the usual "severance" package in this type of scenario is a "fuck you" and a kick in the ass, I'd say any amount is pretty generous.

They also are a growth company with revenue "growing" -35% last quarter. It is a pretty nice touch really given the circumstances.

The key is offsetting financial hardship, as they said. I think it will set back the job search months for some people, perhaps longer depending on what happens with the economy. I think severence based a month or two's living expenses would be reasonable though.