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Crypto exchange Coinbase to lay off 14% of staff

Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is 'changing how we work'

Brian Armstrong joined the ranks of tech bosses citing artificial intelligence as he dramatically reduces the company’s workforce. May is kicking off with another brutal round of tech layoffs that have been affecting the industry for much of the year.

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AI Layoffs Hit Crypto And Payments As Block Cuts 50%

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Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work

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We let AI imagine Coinbase's future without 'pure managers.' The result is funny, unsettling, and much more efficient.

Coinbase is cutting 14% of its workforce, aiming to become leaner and faster.

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Coinbase CEO Announces Job Cuts, Mallers Backs Twenty One Merger Plan | Bloomberg Crypto 5/5/2026

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3 key things we learned about Brian Armstrong's vision for Coinbase's post-layoff workforce

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An AI crypto startup says it's going 'AI-native' by slashing 25% of its workforce

The startup's crypto token, $0G, is down in price by over 80% since it launched last year, according to CoinMarketCap.

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Coinbase Cuts 14% Of Global Workforce—Citing AI And ‘Down Market’

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Coinbase will lay off 14% of its staff as AI spurs ‘a new way of working’

Managers, get your hands dirty or get fired: Lessons from AI-powered tech layoffs at Coinbase, Block, Snap

As layoffs become the law of the land, and artificial intelligence (AI) drives productivity, it is managers that are becoming redundant.

Tech Times

Coinbase Layoff Email Stuns Staff — CEO Says ’AI Can Do Weeks Of Work In Days‘ As 14% Jobs Cut

Coinbase CEO Brian Armstrong announces a 14% workforce reduction, citing AI’s transformative impact on operations and the need for a leaner company structure.

1don MSN

Coinbase will lay off 14% of its staff as AI spurs a new way of working

Coinbase will pivot to more “one-person teams,” meaning that employees will be asked to act as engineers, designers and product managers all in one — with the help of AI.

The Next Web

Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.

Coinbase is laying off 660 employees and restructuring into AI-native pods with a five-layer management cap. Q1 revenue is expected to fall 26% as crypto volumes drop 48%.

1don MSN

Coinbase is laying off 14% of staff, citing AI. Read the letter from its CEO.

In a Tuesday X post, CEO Brian Armstrong said the cuts were to "be leaner, faster, and more efficient for our next phase of growth."