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Coinbase Cuts 20% of Staff as Crypto Slump Continues

Coinbase Global Inc. is firing about 950 employees, or 20% of its workforce, as the worsening crypto slump spurs another round of layoffs at the biggest US digital-asset exchange. CEO and co-founder Brian Armstrong made the announcement in a blog post Tuesday. Bloomberg’s Abigail Doolittle reports. Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the…

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Coinbase Global Inc. is firing about 950 employees, or 20% of its workforce, as the worsening crypto slump spurs another round of layoffs at the biggest US digital-asset exchange. CEO and co-founder Brian Armstrong made the announcement in a blog post Tuesday. Bloomberg’s Abigail Doolittle reports.

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16 Comments

16 Comments

  1. Thomson Williams

    January 10, 2023 at 4:33 pm

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    • Utkarsh Dharmadhikari

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    January 10, 2023 at 5:33 pm

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