Coinbase CEO Brian Armstrong Offers Severance Packages to Employees Who Resign, After Discouraging Activism

Brian Armstrong, the CEO of Coinbase, offers his employees with severance packages if they leave the company, after discouraging political discussions at work and employee activism. In an email, Armstrong informed the staff that if they're not comfortable with his new directions and want to resign, Coinbase will give them severance packages if they leave.

Its decision is a part of a lawsuit settlement with shareholders, who accused the company of not seriously taking sexual harassment and discrimination complaints. On the other hand, Mark Zuckerberg, Facebook's CEO, decided not to discourage or ban political and social issue discussions entirely.

However, the company still tightened its restrictions for such engagements.

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Written by Giuliano J. de Leon

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