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Coinbase cuts staff by 14%, citing crypto market downturn and AI adoption
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Coinbase cuts staff by 14%, citing crypto market downturn and AI adoption

Home/Startups/Coinbase cuts staff by 14%, citing crypto market downturn and AI adoption

Coinbase Global Inc. Chief Executive Brian Armstrong announced today that the company intends to cut its headcount by 14%, or roughly 700 jobs, citing a combination of market forces and artificial intelligence changing how the company operates. Posting on X, formerly Twitter, Armstrong noted that al

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