For reference, the severance package was 4 months of salary for employees with <3 years of tenure, or 6 months of salary for >=3 years of tenure at Coinbase.
What percentage of employees at Coinbase are actively interviewing for other jobs at any given time? 5%? If someone has one foot out the door already, taking a bonus equivalent to half a year of your salary is a cherry on top of changing jobs. I'm surprised only 5% of the company took this opportunity.
The severance also included 6 months of health insurance. (Source: https://www.coindesk.com/coinbase-severance-apolitical-missi... )
What percentage of employees at Coinbase are actively interviewing for other jobs at any given time? 5%? If someone has one foot out the door already, taking a bonus equivalent to half a year of your salary is a cherry on top of changing jobs. I'm surprised only 5% of the company took this opportunity.