Coinbase CFO: Further layoffs are not ruled out if necessary to improve financial performance

ChainCatcher news, according to Bloomberg, Coinbase Chief Financial Officer Alesia Haas stated that Coinbase Global had two rounds of layoffs last year, but further layoffs cannot be ruled out if necessary to improve the company's financial performance.

It is reported that the company previously stated it would strive to maintain a balanced budget, but changed its strategy when announcing its financial report on Tuesday, indicating that it will now work to keep EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) as a positive figure. (source link)