Categories: TECH NEWS

In the wake of the Bitcoin crisis, Coinbase is cancelling employment offers.

Despite a 4,900 per cent rise in revenues in 2021, Coinbase has stated that it is suspending hiring indefinitely, cancelling both open positions and those that potential employees had already accepted.

This is a low blow because, in many cases, accepting a position is done with advance notice to the existing boss that we will be leaving, allowing the company to locate a replacement and work on his training. Coinbase has thus put several people out of employment, putting their lives in peril.

Although LJ Brock, Coinbase’s Chief Product Officer, has stated that there will be some exceptions, they will be managed by the same standards as the company’s alternates. They want to ensure that they only expand in the highest priority areas.

Finally, this criterion should not apply to tasks involving security, collaboration, or other vital professions. Still, many people are aware that attention to users is often restricted, so these occupations could be significant., especially given the steady decline in the value of cryptocurrencies.


Andre is the content writer at Fbhtechinfo. He develops and edits tutorials and how-to guides, focusing on social networks, Android, iPhone, computers, and the internet, among other topics.

Recent Posts

6 Easy Steps: What is Betway Login? How to Login to Betway

One of the most crucial stages any Betway Login bettor should be aware of is… Read More

September 21, 2022

8 Simple Steps: How to Repair a Water Damaged MacBook

You might be able to repair a water damaged MacBook by moving quickly and using… Read More

September 20, 2022

How to Change Netflix Video Quality

On your computer or mobile device, Netflix is a popular website that allows you to… Read More

September 19, 2022

Google Accidentally sent a Developer $250,000

(CNN) – A guy received a nearly $250,000 payout from Google despite having done no… Read More

September 18, 2022

5 Best News Websites You Can Trust

Right now, fake news is a significant problem. Mega-billionaires own the news organizations. Everyone is… Read More

September 18, 2022

What Does DTB Stand For in Texting?

We have additional language that we utilize while texting and messaging. Every day, new sentences… Read More

September 18, 2022