Coinbase announced the elimination of 1,100 jobs in June, or approximately 18% of its global workforce, in a first round of cuts. The company's shares slid 3% slightly before the opening bell Tuesday.

Coinbase will slash its workforce by 20%, its CEO Brian Armstrong said Tuesday. It's the crypto exchange's second round of big job cuts after it chopped 18% of staff in June. Armstrong blamed ...

Daniel Ruskin started his career when he was a mere 14 years old as an engineer for Coinbase. As he tells it, he was a teenager “who knew how to code and wanted to build cool things.” ...

Coinbase plans to cut 950 jobs, or about 20% of its workforce, and shut down “several” projects as the U.S. crypto exchange giant looks to reduce its expenses to increase its “chances of ...

Coinbase To Cut 950 Jobs As `Cryptoeconomy’ Struggles. ByRosemarie Miller, Former Staff. Reporter & anchor on ForbesTV, hosting 'New Money' Jan 10, 2023, 08:55am EST Updated Jan 10, 2023, 09 ...

NEW YORK (AP) — Cryptocurrency trading platform Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year.