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Coinbase Slashes Workforce by 18% to Prepare for 'Extended' Crypto Winter

"It is now clear to me that we over-hired," wrote Coinbase CEO Brian Armstrong in a blog post announcing 1,100 layoffs.

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Coinbase Slashes Workforce by 18% to Prepare for 'Extended' Crypto Winter
"It is now clear to me that we over-hired," wrote Coinbase CEO Brian Armstrong in a blog post announcing 1,100 layoffs.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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