Coinbase Is Shedding 18% Of Workforce Amid “Crypto Winter” Talk

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Coinbase Global Inc (NASDAQ:COIN) is set to lay off 1,100 employees or 18% of its staff, according to a filing with the U.S. Securities and Exchange Commission. CEO Brian Armstrong pinned the decision on the changing economic conditions that could make a “crypto winter” more likely. Coinbase Layoff Armstrong was quoted as saying in The […]