Coinbase to Cut 700 Jobs as CEO Brian Armstrong Pushes AI ‘One-Person Teams’ ...

Coinbase will lay off about 700 employees as CEO Brian Armstrong pushes a leaner, AI-native structure amid weaker crypto trading conditions.

Coinbase is the latest tech company to gut its workforce as part of an AI-centric restructuring. The company will lay off approximately 14 percent of its total headcount, CEO Brian Armstrong wrote in ...

"All of this has led us to an inflection point, not just for Coinbase, but for every company," the CEO said.

Coinbase’s Ethereum Layer 2 network Base has launched a new tool that lets artificial intelligence agents directly interact with users’ crypto wallets and decentralized finance applications through ...

The restructuring is aimed at addressing market volatility and increasing the use of AI tools to improve efficiency.

Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.

In the drive to become “AI native,” more companies this week said they will significantly reduce the size of their workforces. April was not a good month for the tech industry in terms of job losses.

Where will Coinbase stock be in three years? Analyze trends, predictions, and market factors to see the potential future of ...