Coinbase Cuts 660 Jobs: Armstrong Bets Big on AI
Coinbase is cutting 660 jobs, 14% of its workforce. Brian Armstrong cites AI efficiency as the driver, with Q1 revenues expected down 26%.
Entered the Cryptospace in 2017, Editor of Crypto News and Founder of @spaziocrypto. I write about blockchain, DeFi, and Web3.
Coinbase is cutting 660 jobs, 14% of its workforce. Brian Armstrong cites AI efficiency as the driver, with Q1 revenues expected down 26%.
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