Coinbase lays off nearly 700 workers in 'AI-native' restructuring
Coinbase has laid off nearly 700 employees as part of a strategic restructuring focused on becoming an 'AI-native' company. CEO Brian Armstrong cited a downturn in cryptocurrency markets as a contributing factor to the decision.
- Entities
- Topic: Company Restructuring
- Topic: Artificial Intelligence
- Company: Coinbase
- Topic: Cryptocurrency
- Person: Brian Armstrong
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