Posted on 06/13/2022 7:12:08 PM PDT by dennisw
after workers circulated petition to oust three executives over 80% fall in value of firm A petition posted online called for the removal of several Coinbase executives
The petition has since been pulled down, but Coinbase Chief Executive Brian Armstrong has told employees that if they're unhappy at the company to quit
Petition was said to have been from employees and asked for a 'vote of no confidence' that would remove three executives The three were COO Emilie Choi, Chief Product Officer Surojit Chatterjee, and Chief People Officer LJ Brock
Petition took issue with Coinbase's 'aggressive' hiring ambitions together with its decision to rescind offers leading to negative publicity Armstrong deemed the petition 'really dumb on multiple levels,' writing that employees shouldn't work at a company if they don't trust its executives
The CEO of Coinbase has told workers who are unhappy at the company to 'quit and find a company you believe in.'
In a series of 16 tweets, Brian Armstrong, the CEO of the cryptocurrency exchange platform responded to a petition that called for the removal of several top executives at the company.
The document, which was labelled 'Operation Revive COIN,' endorsed the removal of chief operating office Emilie Choi, chief product officer Surojit Chatterjee, and chief people officer LJ Brock via a vote of 'no confidence.'
The petition said workers had been hurt as they had to 'deal with the unrealistic demands from said executives and the damage they have caused on a day-to-day basis.'
'We the employees at Coinbase believe that the executive team has recently been making decisions that are not in the best interests of the Company, its employees, and its shareholders,' petition organizers wrote.
(Excerpt) Read more at dailymail.co.uk ...
Who hired and continues to employ this trio....the CEO. He’s the captain and needs firing not his hires. He ought know. If the board keeps him...it’s their chice/fault.
Like he said...he’s in control here, not them, vote with your feet if not happy.
Coinbase has the letters CIA in it.
Coinbase sucks.
A Ponzi scheme that made many people millions of dollars...
Because coinbase sucks...been warning people for years about them.
So does Lancia, but nobody thinks that’s a CIA op.
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