Coinbase Lays Off 14% of Employees as A.I. Changes Work

The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for ...

More Tech Layoffs: Coinbase Cuts 14% of Workforce in AI Push

Coinbase will lay off about 700 employees as CEO Brian Armstrong pushes a leaner, AI-native structure amid weaker crypto ...
The Next Web

Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.

Coinbase is laying off 660 employees and restructuring into AI-native pods with a five-layer management cap. Q1 revenue is expected to fall 26% as crypto volumes drop 48%.
Tech Times

Coinbase Layoff Email Stuns Staff — CEO Says ’AI Can Do Weeks Of Work In Days‘ As 14% Jobs Cut

Coinbase CEO Brian Armstrong announces a 14% workforce reduction, citing AI’s transformative impact on operations and the ...