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Brian ArmstrongBanned workplace political discussions at Coinbase, causing 5% of staff to quit

In September 2020, Brian Armstrong declared Coinbase a 'Mission Focused Company' and banned employee activism and political discussions. He offered severance to those who disagreed; 60 employees (5%) left. Black, Latinx, LGBTQ, and female employees had reported hostile conditions. Women were paid 8% less and Black employees 7% less than peers.

Scoring Impact

TopicDirectionRelevanceContribution
DEI Programs-againstprimary-1.00
Worker Rights-againstsecondary-0.50
Overall incident score =-0.443

Score = avg(topic contributions) × significance (medium ×1) × confidence (0.59)

Evidence (1 signal)

Confirms Policy Change Sep 30, 2020 verified

Banned workplace political discussions at Coinbase, causing 5% of staff to quit

In September 2020, Brian Armstrong declared Coinbase a 'Mission Focused Company' and banned employee activism and political discussions. He offered severance to those who disagreed; 60 employees (5%) left. Black, Latinx, LGBTQ, and female employees had reported hostile conditions. Women were paid 8% less and Black employees 7% less than peers.

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