Coinbase cuts staff by a further 20%

Re:Coinbase cuts staff by a further 20% by shp0ngle on Tuesday January 10, 2023 @07:04AM (#34323531)

I hate crypto as much as the next guy, but that's nonsense, sorry. You are filtering out possibly good people. There are still, even now in 2023, so much jobs that are crypto-related, and people still need something to eat.

If you are a Rust developer, you pretty much need to do blockchain stuff, as most of the Rust jobs are related to that. And so on.

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Re:Coinbase cuts staff by a further 20% by jeswin on Tuesday January 10, 2023 @07:14AM (#34323629)

> If you are a Rust developer, you pretty much need to do blockchain stuff, as most of the Rust jobs are related to that. And so on.

I'm not a Rust developer, but I must admit I'm kinda surprised by this statement. Let me do my own research.

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Re:Coinbase cuts staff by a further 20% by xmcqdpt2 on Tuesday January 10, 2023 @07:28AM (#34323797)

It's very frustrating... but true. See here for the Haskell equivalent,

https://www.stephendiehl.com/posts/crypto.html

Looking for Rust jobs on LinkedIn used to yield mostly postings in crypto. That may not be the case anymore with the downturn, my guess is that there are just fewer rust jobs now that the crypto ones are gone.

I think the reason is simply that crypto companies didn't have the clout or stability of big tech and also the sector has a poor reputation amongst engineers so they pick hip languages to compensate. Like "Yes I know, working in crypto is terrible but did you think about how you could write Rust everyday instead of Java??"

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Re:Coinbase cuts staff by a further 20% by paulgb on Tuesday January 10, 2023 @07:27AM (#34323787)

It tracks with what I've seen in NYC. “Most” might be a slight exaggeration, but not by much.

(I'm hoping to put a tiny dent in that by growing our non-crypto Rust team over the next couple of years. And I won't hold anyone's former means of putting bread on the table against them ;))

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Re:Coinbase cuts staff by a further 20% by nibbleshifter on Tuesday January 10, 2023 @07:36AM (#34323904)

An awful lot of the well paid rust jobs (good comp, good bennies) are in the blockchain space.

I know a handful of rust developers who refuse to work on anything that touches a blockchain, and they regularly express frustration that the majority of rust jobs they see advertised are in that space.

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Re:Coinbase cuts staff by a further 20% by aliqot on Tuesday January 10, 2023 @07:39AM (#34323937)

Rust is the lingua franca of fine rug merchants.

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