Coinbase Slashes Jobs by 14% to Become ‘Lean, Fast, AI-Native’

Coinbase will reduce its workforce by about 14% as the company adjusts to current market conditions and changes driven by artificial intelligence. In a post on X, the exchange’s CEO Brian Armstrong explained that two major factors influenced the move. Smaller Teams, Bigger Roles First, he cited the ongoing volatility in the crypto market. Although the exchange remains well-capitalized, its business continues to…