Coinbase Mulling Over Permitting Employees To Work From Home After Coronavirus Lockdown

Cryptocurrency exchange Coinbase has declared that it will shift to a remote workplace model subsequent to the epidemic lockdown. The exchange takes the aforementioned step in an effort to take care of location-centric dangers.

Brian Armstrong, the CEO and founder of Coinbase CEO, mentioned:

“After the restrictions of quarantine are over, Coinbase will embrace being ‘remote-first’, meaning we will offer the option to work in an office or remotely for the vast majority of roles.”

A projected twenty percent to sixty percent of all the exchange’s employees will pursue work-from-home once all coronavirus limitations are withdrawn.

Notably, the mindset transformation was a consequence of the inadvertent social distancing forced upon them by the deadly coronavirus which produced less operational difficulty than the exchange anticipated.

Armstrong penned down that as additional anticipatory actions come into play, the crypto exchange would not substantially be able to fit all staff members back into their San Francisco headquarters. Because of this, the exchange decided to go for innovation as an augmentation of the digital asset values.

He mentioned,

“The vision for Coinbase is to create a world with more economic freedom, and not being tied to one location is a key part of this.”