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Coinbase to cut another 20% of its workforce in second wave of layoffs

Crypto exchange Coinbase announced a further restructuring plan that involves reducing its workforce by 950 employees to cut operational costs amid the bear market.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Coinbase to cut another 20% of its workforce in second wave of layoffs

Crypto exchange Coinbase announced a further restructuring plan that involves reducing its workforce by 950 employees to cut operational costs amid the bear market.

Why this matters

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

Original source

Read on Cointelegraph

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