The restructuring is aimed at addressing market volatility and increasing the use of AI tools to improve efficiency.

The cryptocurrency exchange Coinbase Global plans to lay off around 14% of its workforce and replace at least some of them with artificial intelligence. In a letter to staff published on Tuesday, ...

Cryptocurrency exchange Coinbase said it's slashing roughly 14% of its workforce, or about 700 workers, partly because artificial intelligence is reshaping the way people work. "The biggest risk now ...

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

Coinbase Global (COIN) said Tuesday it’s letting go of 700 employees in the coming weeks. The move, which amounts to a 14% reduction in the crypto firm’s headcount as of May 1, is intended to manage ...

On Tuesday, Coinbase CEO Brian Armstrong revealed that roughly 14% of the crypto exchange’s workforce will be laid off. Armstrong cited volatility in the crypto market and the company’s expanding ...

Coinbase is cutting 14% of its workforce, CEO Brian Armstrong said. On Tuesday, Armstrong took to X to publicly share the contents of an email he said he had sent to employees earlier that day. In the ...

Shares of crypto exchange Coinbase Global were up 3.4% in premarket trading after the company announced it would lay off approximately 14% of its staff. Chief executive Brian Armstrong said that the ...

Layoffs have hit over 35 companies in 2026, including Meta, Walmart, and Groupon, as AI and economic conditions reshape the ...

Cryptocurrency exchange Coinbase said it's slashing roughly 14 percent of its workforce, or about 700 workers, partly because artificial intelligence is reshaping the way people work. "The biggest ...