Coinbase workers will be able to work remotely after COVID-19
Coinbase, the largest cryptocurrency exchange in the United States, announced that its workers will have a choice between working in an office or remotely after the problem of the COVID-19 pandemic is overcome.
Coinbase could influence many companies to establish remote work
Coinbase, the largest cryptocurrency exchange in the United States, announced that its workers will have a choice between working in an office or remotely after the problem of the COVID-19 pandemic is overcome. The measure is aimed at minimizing risks focused on location and improving decentralization of work. Coinbase estimates that between 20% and 60% of all its employees will choose the remote working method after the restrictions imposed by the government as a consequence of the fight against the COVID-19 pandemic are removed.
In a blog post, Brian Armstrong, CEO of Coinbase, said: "Once the quarantine restrictions are over, Coinbase will accept 'remote first' work, which means we will offer the option of working in an office or remotely for the vast majority of roles. " One of the preventive measures the government imposed on companies is the 6-foot gap between each employee: Armstrong explained that if Coinbase abides by the measure, it will not be able to physically accommodate all of its employees at its San Francisco headquarters. The implementation of remote work was imposed as the main alternative and the Coinbase CEO himself said that this change in mentality produced "less operational complexity than we expected."
So important is the discovery of the low operational complexity that remote work means that Coinbase has decided to start on a path in that direction. Armstrong states that "Coinbase's vision is to create a world with more economic freedom, and not being tied to a location is a key part of this," adding: "What we do right now could influence the way forward for many companies".