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Coinbase COVID-19 Email Send (3.6.20)

Return to the overview COVID-19 Coinbase Response Overview

Hey all,

Tl;dr:

  • Effective Monday, 9 March, Coinbase will move to our tier 1 posture, including optional — but suggested — work from home for all employees globally. If you want to work from home, please partner with your manager to work out the details.

  • Offices will remain open and continue to provide food/snacks/security/etc. services (although may scale down to better match the number of folks coming in).

  • We are enhancing office cleaning schedules to be more frequent/in-depth, especially around areas of high traffic (elevators, meeting rooms, bathrooms, food areas).

  • To reiterate, we are limiting office visitors to essential personnel only.

  • For those of you who choose to WFH and are in need of equipment, we are rolling out a WFH Productivity Reimbursements program.

  • We are now moving to using #ask-coronavirus to field any questions you have about this. We’ll post updates there as well as in #coinbase and email.

  • Reminder, if you are at risk or live with someone who is, we very strongly recommend that you work with your manager to arrange a WFH plan.

  • We’ve now aggregated all of the information we’ve been putting out in a single wiki space.

As we see the continued climb of COVID-19 case counts around the world, I want to remind folks about a couple of things we know about this virus:

  • Unlike the flu, very young people do not seem to be at any increased risk from COVID-19.

  • Risk appears to ramp up for people over age 50.

  • A key outcome we’re trying to achieve is the protection of our *community* and the “flattening of the infection curve.”

By continuing to give you all tools to use to adjust your personal/family risk, it is our hope that you will think not just about yourselves and your families, but how you can limit spread in your communities. Effective social distancing helps to protect your entire community. This op-ed does a great job of explaining how taking measures like these can help the bigger picture. Essentially, if those of us who can stay home, do, and minimize our contact with others, we can keep more hospital beds open at any given moment, and ensure that the people who do need medical care can get better care, faster.

We’ve now aggregated all of the information we’ve been putting out in a single wiki space.

The current situation

The US has seen a number of deaths this week, many of them unfortunately associated with a single nursing home in Washington State. Testing is *starting* to increase, including a new test that Washington State University developed. We’ve also started to see hot spots crop up in places like New York and a cruise ship off the coast of Monterey. There have been a few school closures in the SF bay area, mostly for targeted cleaning.

What we know

See my previous messages for a summary of what we know about the virus, and our FAQs (below) for specific questions. The studies that have come out in the last week have re-confirmed things we already know about the virus.

What we’re doing

Effective Monday, 9 March, Coinbase will move to our tier 1 posture, including optional — but suggested — work from home for all employees globally. If you want to work from home, please partner with your manager to work out the details.

Though we’re suggesting that employees begin to work from home, all Coinbase offices will continue to remain open and provide existing services, including lunch and dinner, snacks, etc. Working from home presents a lot of unique challenges. We’ve put together a WFH guide for managers, and the company as a whole, with tips and tricks on how to WFH and still get things done. We’ve included a bunch of WFH-related questions below and added them to our FAQs. We’re predicting this optional WFH period will last at least 30 days and we will evaluate the situation at the end of March.

For those of you who choose to WFH, we are rolling out a WFH Productivity Reimbursements program.

We are allocating budget for each employee to ensure they can stay productive while working from home, and trust employees to act like owners, purchasing only what they need on an as-needed basis. NOTE: This policy does not apply if you are a remote employee.

We are now moving to using #ask-coronavirus to field any questions you have about this. We’ll post updates there as well as in #coinbase and email.

We’ll continue sharing bi-weekly updates on the coronavirus situation, now moving to #ask-coronavirus, so please join that channel to ask any questions you might have beyond the below FAQs (about Security, IT, travel, expenses, recruiting, etc.).

Thanks,

Philip