After the hiring freeze and the cancellation of accepted job offers, Coinbase had the initiative to launch a public database to list all the candidates whose offers have been cancelled so that other recruiters can benefit from them.
After the hiring stop, Coinbase launches a database
We talked about it a few days ago, the American crypto giant has decided to freeze hiring and even cancel job offers that had been accepted by candidates. This concerns applicants who had not started working.
To support these people who had not started working but had made sacrifices to apply to Coinbase, the company launched a public database that is called “Talent Hub”.
On the company’s website, it is possible to read that this Talent Hub represents “a list of incredible people affected by recent talent changes at Coinbase”.
Those who had applied at Coinbase can submit their full name, skills, current company and contact information themselves.
This will allow competing employers or employers in the technology sector in general to recruit qualified individuals who have already gone through the recruitment process at Coinbase. This is no small feat.
Nearly 380 people have already signed up by now, which means that the company had planned to hire a good number of people. Unfortunately, this was without counting the crypto market downturn that is affecting the entire industry.
Coinbase in turmoil after cancelled job offers
If it seems strange that Coinbase is compiling a database of talent that could be picked up by competitors, it’s because many complaints have emerged following the announcement of the hiring freeze and the cancellation of job offers.
There was a massive response from accepted and then rejected applicants who complained about the cancellation of their offers. In some cases, these jobs were necessary to maintain immigration status.
On the social network Twitter, many people took issue with the platform’s euphemism of “hiring updates” to refer to layoffs, hiring freezes, and cancelled offers. Indeed, some users feel that the terms are not qualified and that this decision is ridiculous.
They base their argument on the fact that 1 month ago, Coinbase was announcing that it was hiring. And 3 weeks later, the company is doing a major about-face. For many, the American giant should have anticipated better instead of giving hope to candidates who had not asked for anything.
