Not your family, beware! - Analyst Coinbase Employee Review

3.0
7 Aug 2024
Recommend
CEO approval
Business outlook

Pros

Best in class product, compensation and benefits are good, remote work and some very sharp people.

Cons

They will lay you off as soon as you hit 3, 4 or 5 years because they have "4 after 4" program which you can take 4 weeks off +1 week every year you worked when you hit 4 years. 4 yr=4 weeks, 5 yr=5 weeks. It gets expensive, so they laid off majority of the OGs who worked for 5 years aka people who built the company before IPO. And replaced them with cheaper new hires who has no idea what Crypto is. Same thing for 3 years, whenever the company has bad quarter ( which is often during crypto winter) they layoff a week before your 50% equity vests. You are only number to this company, make your money and enjoy the ride while it lasts, be ready to survive series of layoffs for quarters! Don't give your soul and hours away from your family like i did ( all of us during bull run) If you're leaving your stable big tech job for Coinbase, i'd think twice, i've seen people getting recruited from their long term comfy big tech jobs ( google, meta, wall street) only to be laid off in 6 months with simple text " Sorry it happened, please send your pc" They hired 5000 people in 3 years and laid off 3000 in 2 years. Just can't seem to grasp the right ratio of hiring. You're disposable!

Explore other reviews about Coinbase

5.0
21 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Smart, interesting coworkers. Good manager/s.

Cons

Remote culture can make it hard for building connections

4.0
6 Aug 2021
Recommend
CEO approval
Business outlook

Pros

- Very interesting technical challenges - A LOT of autonomy (could be a con) - Amazing perks (WFH stipend, random gifts all the time) - Very smart colleagues - Great communication all around the company - Exciting - Brilliant CEO and engineering execs - A lot of useful education and automation regarding processes

Cons

- There is a lot of autonomy so if you're the kind of person who needs the work to be handed to you, you'll have to adjust - Since crypto is a very fast paced field, you will often have multiple projects on the go at the same time so work-life balance is usually relatively bad, although the company does offer re-charge days (and weeks) so that we can all take time off. - This is the biggest con: you get assessed if you're "on-track" or "off-track" every quarter, if you're "off-track", you have 60 days to fix it. Quite an aggressive stance, similar to Amazon's PIP program which is notoriously toxic.

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