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Coinbase sees 5% of employees depart in wake of politics controversy

October 8, 2020

Via: Fortune
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The cryptocurrency giant Coinbase has been in a media firestorm since its outspoken CEO Brian Armstrong published a blog post two weeks ago exhorting employees to refrain from politics in the workplace. The post, which appears to have been touched off by an employee walkout over the company’s stance on Black Lives Matter, also invited workers to take an exit package if they disagreed with Armstrong’s position.

On Thursday, Armstrong published a follow-up post that clarified his position, and which disclosed the number of employees who decided to depart.

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