Coinbase cuts 700 jobs and blames AI productivity
Armstrong said AI is reshaping how Coinbase operates, as the company eliminates 700 positions and takes a $50-60M restructuring charge.
5 May 18:30 · crypto.news
700 Jobs Gone: Coinbase’s Brutal Cuts Signal Something Is Wrong With The Crypto Market
Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14%.
5 May 11:58 · NewsBTC
700 Jobs Gone: Coinbase’s Brutal Cuts Signal Something Is Wrong With The Crypto Market
Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14%.
5 May 11:58 · NewsBTC
last updated on 5 May 22:25