COINBASE LAYOFFS

May 06 2026BUSINESS

Coinbase Lets Go of Workers to Spend More on AI as Crypto Stays Weak

This year, many workers at Coinbase faced an unexpected change when the company decided to let go of about 700 employees—around 14% of its team. The goal? Save money and shift focus toward using artificial intelligence to handle more tasks. But why now? The crypto market has been shrinking since pri

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