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STRONGAI LAYOFF

Coinbase: 700 jobs cut

October 10, 2023USCryptocurrencyCoinbase

Coinbase has announced the layoff of 700 employees as part of its strategy to embrace AI technologies. This move reflects the company's shift towards automation and efficiency in its operations.

Conservative

0

Core Estimate

525

Upper Bound

700

Sources

PrimaryFuturismMay 25, 2026

Coinbase to lay off 700 workers as crypto company embraces AI - AOL.com

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FuturismMay 25, 2026

Coinbase to cut 700 jobs as CEO Brian Armstrong pushes AI 'one-person teams' - MSN

Read Original