[CRYPTO]■ STORY TIMELINE
COINBASE CUTS 14% OF STAFF AMID MARKET VOLATILITY
Coinbase Global Inc. is laying off approximately 700 employees, or 14% of its workforce, citing volatile crypto markets and the need to manage costs amid AI advancement. The cuts will occur mostly in Q2, with restructuring expenses reaching up to $60 million.
Bloomberg Tech+0m
Crypto exchange Coinbase Global Inc. will cut around 14% of its workforce, citing a need to manage costs in volatile mar…
Bloomberg Tech+1h 35m
Bloomberg's Emily Nicolle joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." Crypto exchange Coinbase will cut a…