In an age of increased polarization in which political ideology and identity have become intertwined, workplace political discussions may be more common, but they can have detrimental outcomes. At Coinbase, a cryptocurrency exchange company, the hesitancy of CEO Brian Armstrong to make a public announcement in support of Black Lives Matter following the death of George Floyd resulted in employee walkouts. Later, in September 2020, Armstrong announced a new policy prohibiting social activism within Coinbase and subsequently offered severance packages to employees unsatisfied with the company’s apolitical mission. Coinbase ultimately lost 60 employees — 5% of its 1,200-employee staff — as a result. At the software company Basecamp, internal discussion about a list of “funny” customer names sparked political discussions about diversity, inclusion, and tolerance. Disagreement between employees and a cofounder regarding the severity of the situation resulted in a similar ban on workplace political discussions. In response, nearly 30% of the company’s employees chose to leave.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the