I think the bigger problem with Coinbase is how they rescinded job offers. Management either didn't know a layoff was coming a few weeks ahead of time or it didn't get communicated to recruiters.
Have yet to experience a rescinded job offer but god damn that’s my biggest fear in life. Moving to a new place for a new job and getting royally fucked. Bit less of an issue nowadays with more remote jobs, though.
Just went through this on a move to Austin from Chicago. I was legitimately scared for my life until the end of my first day at the new job. I have savings, of course, but the pressure is still there.
One tactic I have seen employees take is to agree to relocate within the first N days of starting a new job. This gives the employee the ability to start work, making sure the company is not going to rescind the offer, and to generally get a feel for things before they completely uproot themselves to a new city.
Just went through this on a move to Austin from Chicago. I was legitimately scared for my life until the end of my first day at the new job. I have savings, of course, but the pressure is still there.