Sources Contact Advanced Search Tutorials

An Interest In:

Web News this Week

Search Archive

Some of Our Sources

View All Sources

Help Webnuz

Referal links:

May 20, 2020 11:00 pm

Coinbase Announces Plans For 'Remote-First' Work Policy In Light of COVID-19

In a blog post today, Coinbase CEO Brian Armstrong announced that the exchange company is moving to a remote-first policy in light of COVID-19, meaning most employees will have the option to work from home. Yahoo Finance reports: "Over the last two months, I have come to believe that not only is remote work here to stay, but that it represents a huge opportunity and strategic advantage for us," he wrote in the announcement. Employees will still be able to work in an office, but they will now have the option to work remotely, or split their time between time working in and out of the office. Armstrong said the transition thus far has been less complicated than expected. Coinbase has been toying with the idea of remote-first work prior to the pandemic, according to the announcement. In February, Coinbase shared a four-tiered plan to stem the spread of coronavirus among employees. Phase three instituted a required work from home policy. Now, with six-foot distancing measures, Armstrong said Coinbase wouldn't have the space to observe the protocol in its current space if every employee were in office. With the new policy, Armstrong said the plan is to have physical offices in major cities, but spread locations. Once distancing restrictions are lifted, Armstrong estimates anywhere from 20-60% of Coinbase current workforce will work remotely, and the firm is forming a team to oversee the transition.

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot