Coinbase Slashes Workforce 20% Amid Broader Crypto Downturn

Coinbase Global (Nasdaq: COIN) is preparing to lay off even more employees, in an effort to save cash amid a broader crypto downturn. In a blog post published Tuesday, CEO Brian Armstrong announced Coinbase is letting go another 950 employees, amounting to about 20% of the company’s workforce. He said the move was necessary in … Continue reading Coinbase Slashes Workforce 20% Amid Broader Crypto Downturn