On: Update on Hiring Plans

[Ansil849]

> We will rescind a number of accepted offers.

So if you accept an offer at CB, give notice to your current employer, have CB rescind the offer, and now find yourself unemployed? Is that what's happened here?

[googlryas → Ansil849]

This happened to a friend of mine(not with CB, not even in tech - a sales job) - he sued them and ended up getting a severance package for a job he never worked at. I'm not sure if it was just a settlement or an actual judgement against them though.

[matwood → googlryas]

Article said they are paying severances.

[qbasic_forever → Ansil849]

Yes, precisely that.

[Ansil849 → qbasic_forever]

That is just utterly outrageous.

[762236 → Ansil849]

It's better than firing them once they arrive, after relocation, isn't it?

[qbasic_forever → 762236]

You'd be eligible for unemployment assistance in that case. I'm not sure you qualify if you didn't actually start and only had an offer.

[ergocoder → qbasic_forever]

You do you.

For me, that sounds worse.

It is not hard to tell my current manager that I would like to stay because coinbase rescinds the offer.

If your manager cannot handle this, then I have even worse news for you... You have a shitty manager that will screws you up one day.

[jasd → Ansil849]

Based on a couple of LinkedIn posts I saw, that's exactly what happened. I wish they hadn't reneged offers for start dates that were inside of 2-3 weeks.

[happyopossum → Ansil849]

Yes. Hopefully you didn’t burn any bridges on the way out the door - boomerangs aren’t unheard of or unwelcome at most healthy companies.