Coinbase is slashing its workforce as AI reshapes the crypto industry
Quartz
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The crypto exchange will eliminate about 700 jobs and expects to incur $50 million to $60 million in restructuring charges
- Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining CNBC —
- Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter Business Insider —
- Coinbase to slash 14 per cent of workforce amid AI impact and market volatility City AM —
- Coinbase to Slash 14% of Workforce as Part of Restructuring Wall Street Journal —
- Coinbase to cut 14% of its workforce as part of restructuring plan NY Post —