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Expand / Coinbase CEO Brian Armstrong.
In the past couple of decades, large technology companies have faced increasing pressure from workers to become involved with social justice difficulties. This strain intensified this summer using all the George Floyd protests. However, this week, CEO Brian Armstrong of this cryptocurrency market Coinbase staked a contrarian position.
“While I feel these attempts are well-intentionedthey possess the capability to ruin a good deal of worth at most firms, either by being a diversion, and by producing internal branch,” Armstrong composed at a blog article. “We have seen what inner strife at companies such as Google and Facebook may perform to productivity. I think most workers do not need to operate in such divisive environments”
Armstrong’s post brought a variety of answers from internet commentators. Some notable Silicon Valley statistics commended it, whereas critics claimed it had been”absolutely ridiculous” to think that a firm may keep politics from the office.