Coinbase’s Apolitical Stance
The leadership in Coinbase has mandated the team to focus mainly on the company’s mission rather than politics. This move comes after an internal meeting to discuss changes in the company’s culture. An audio file was leaked to the media outlet Motherboard. Allegedly, Coinbase management was forcing employees to delete political Slack messages.
Roughly 5% of Coinbase’s staff subsequently left the company with an offered exit package. Despite this, CEO Brian Armstrong said that a “silent majority” supported the apolitical stance.
Read more