11 of then ~20 Black employees by early 2019* had complained to HR about racism. That's over half! And that's only the people with the fortitude or optimism to talk to HR (HR is notoriously useless at many companies). That's a complete disaster. 15 of that 20 quit! Why wasn't that treated as an emergency?
*At the end the article says at the end of 2019 there's 31 Black employees of 1000. At the beginning of the article about the beginning of 2019 it's about 20 of 600 before 15 Black employees quit.
Neither the parent nor the GP said anything about Coinbase violating laws. I’m not sure how the legality of their actions is relevant to the discussion.
I don’t think employees recounting their personal experiences while at the company is rumors or hearsay. And the article mentioned many of them had to sign an NDA in exchange for a severance package so I don’t think “reparations” are the goal.
Several black employees claim to have experienced racism at a noteworthy tech company. It’s been posted to HN for the same reason all the other stories, discussion. Do these employees need to ask you for permission before they can go to the press to talk about what they experienced? You complain about baseless accusations and then make a claim about this being extortion for settlement money.
If their rights have been violated why don't they go to court with all the available evidence?
Accusation of racial discrimination in a workplace is a serious deal, and it's not up to the media to decide who's right or wrong solely based on one side (disputed) claims.
It's called defamation and they are legally liable.
Are you saying that the highest standard you’d hold a company to is mere compliance with the law? Hope I never have to work somewhere where that’s the best we can do.
Let’s not forget that Coinbase took that no-politics stance while NYT is a company thriving on politics drama. Also, legacy media companies have an axe to grind with the high tech industry which lately is their direct competitor for ad money.
Bottom line, New York Times is heavily biased and has zero credibility when it comes to their coverage of the high tech industry. This is a hit piece.
Your comments keep repeating about stances of "no-politics", why does that attract you so much? Why is the status quo of politics so good that being apolitical looks to be something you prize?
Libel and slander, both? Does your legal consultancy understand the difference between the two? Does it understand how those laws apply to newspapers in America?
Companies can be incredibly callous about retention issues, especially if fixing them involves noticing which managers are responsible for behaving badly towards their staff.
Well we allow those companies to continue to dismiss their interactions with most of the people in the company as "retention issues," so I think I can spot an actual cause here. Roll in typical treatment of customers as barriers to profit and we have a theme starting.
Hiring and onboarding costs money. Having people quit costs money in replacing them. Allowing managers to drive them out and incur the cost of replacement is basically allowing them to light money on fire for their entertainment.
Not from the POV of the company, but from the individual actors within it, is the problem solved. Principal-agent dilemma, innit.
Only if the issue is with that individual employee. In this case, that obviously isn’t the case. Ignoring a systemic problem in your company solves nothing.
Don't know if that's true. The big goal is to avoid federal lawsuits and other scandals. If the can can be kicked down the road for a few more years, fine! Uber only blew up because Susan Fowler was better connected than most, and you'd like to know how much the scandal affected the company. Uber is fine, Kalanick is fine, a few HR drones lost their jobs, business as usual.
Diversity in team pays off, you are missing if you don’t have a diverse team. It’s not a charity anymore it’s more of a science in getting quality output from your team.
The cynical view is that you can either kick out your racists or those who complains about racists. And given how "diverse" tech is I wouldn't be surprised if the company would have a bigger problem if the racists left instead of the black people.
Tech is incredibly diverse.. The racial representation in tech is roughly proportional to the racial representation in Computer Science. i.e. it's not racism that is keeping black Americans out of tech, and suggesting otherwise with zero evidence beyond the observed racial disparity is extremely irresponsible.
It’s not. It isn’t. And why do you think the racial diversity in Comp Sci doesn’t match that of America? Or even that of the general college population?
You can only claim tech isn't diverse if you ignore the massive overrepresentation of asians. Going off of Google's diversity report (because it's easy to find), non hispanic whites make up 43% of Google but 61% of America. For blacks it's 5% of Google and 12% of America. By those metric we should be pushing Google to hire more white and black employees.
The same reasons that are always ignored or considered sinful by progressives. Some people are more interested than others, just the same way that nursing and numerous other non-diverse fields that you mysteriously aren't concerned about have people driven to them in numbers that don't match the population.
This needs a name, but when you have a very small minority in a much larger group (women who are software engineers, black people in a white company or guys who work as childcare workers) you can see insane levels of hated against members of that group, even if most of the larger group goes out of their way to be friendly with the minority, because even a very small percent of the larger group that hates the minority can still be numerically larger than the entire group. Not to mention that one bad manager can cause trouble for numerous employees.
According to the article 15 black people left in total between late '18 early '19. It seems that the compliance team makes up the major part of the departures (up to 8 quit, depends how you read it). From the article this could be attributed to coinbase opening an office in portland and employees declined to move.
The headline also mentions that black people were fired, but never follows up on it.
*At the end the article says at the end of 2019 there's 31 Black employees of 1000. At the beginning of the article about the beginning of 2019 it's about 20 of 600 before 15 Black employees quit.