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 ...
techtimes

Coinbase CEO Fires Engineers for Refusing to Use AI, Explains the Reason Behind It

OCTOBER 23: Brian Armstrong, cofounder and CEO of Coinbase speaks onstage during 'Tales from the Crypto: What the Currency of the Future Means for You' at Vanity Fair's 6th Annual New Establishment ...
Cryptopolitan on MSN

Coinbase CEO Brian Armstrong pushes AI-first overhaul, fires 700 people

Coinbase (COIN) is cutting about 700 workers, equal to roughly 14% of its global staff, as CEO Brian Armstrong rebuilds the ...

Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter

"Over the past year, I've watched engineers use AI to ship in days what used to take a team weeks," Coinbase CEO Brian ...

Coinbase jumps in premarket trading after layoff announcement

Shares of crypto exchange Coinbase Global were up 3.4% in premarket trading after the company announced it would lay off approximately 14% of its staff. Chief executive Brian Armstrong said that the ...
Blockonomi

Coinbase Names Centrifuge as Base Tokenization Partner

Coinbase deepens its partnership with Centrifuge, naming it Base’s main tokenization partner and confirming a strategic ...
Hosted on MSN

Coinbase flags undervalued Bitcoin as institutions expand use cases

Coinbase’s latest market report sees Bitcoin as materially undervalued while noting Ethereum’s shift into a ‘hope’ phase, even as macroeconomic risks temper near-term optimism. Institutional ...

Coinbase didn’t just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down

We are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate,” CEO Brian Armstrong said.