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Coinbase CEO Brian Armstrong announces the company is cutting 700 jobs, or 14% of its global workforce, to reduce costs, saying "AI is changing


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2026-05-05 12:04:19
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Developers , General News , Education , Crypto Currency

Reuters:

Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying “AI is changing how we work”  —  Coinbase (COIN.O) said on Tuesday it will cut about 700 jobs, or about 14% of its global workforce …




Reuters:

Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying “AI is changing how we work”  —  Coinbase (COIN.O) said on Tuesday it will cut about 700 jobs, or about 14% of its global workforce …



Source: TechMeme
Source Link: https://www.techmeme.com/260505/p18#a260505p18


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