1 hour ago
Coinbase Cuts 14% of Staff to Build a Leaner, AI-Native Company Amid Crypto Market Pressure
ExchangesAI-NativeBlockchain IndustryBrian ArmstrongCoinbaseCrypto Layoffscrypto marketTech Restructuringworkforce reduction
TLDR: Coinbase is cutting 14% of its workforce due to market volatility and the rapid rise of AI-driven workflows. The company will flatten its org structure to five layers max, with leaders managing up to 15 or more direct reports. US employees affected will receive 16 weeks minimum base pay, equity vests, and six months [...]
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