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Coinbase Cuts 14% of Workforce Amid AI Shift and Market Slump
BusinessReutersbloombergNYT+13FTcnbctvn24marketwatchBusiness InsiderforbesYahooTimes of India+5 more1mo ago16 sources

Coinbase Cuts 14% of Workforce Amid AI Shift and Market Slump

Cryptocurrency exchange Coinbase laid off 14% of its staff, affecting hundreds of employees. The company attributed the decision to the evolving role of AI in the workplace and the challenging conditions in the crypto market.

Coinbase Cuts 14% of Workforce, Details Severance Packages
Businesshindustan-times1mo ago

Coinbase Cuts 14% of Workforce, Details Severance Packages

Cryptocurrency exchange Coinbase announced a 14% reduction in its workforce, a decision communicated by CEO Brian Armstrong in an email to staff. The company also outlined severance packages, with particular attention to Indian employees holding US work visas.