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BTC $63,054.59 -0.04%
ETH $1,881.90 -0.09%
BNB $606.41 -0.30%
XRP $1.00 -0.42%
SOL $75.53 -0.09%
TRX $0.3309 -0.60%
DOGE $0.0697 -0.70%
ADA $0.1765 -2.51%
BCH $203.35 -1.34%
LINK $9.48 -2.29%
HYPE $57.14 +0.94%
AAVE $86.39 -0.39%
SUI $0.6758 -1.45%
XLM $0.1571 -1.30%
ZEC $486.08 -1.52%

Coinbase CEO: Due to market conditions and the transition to an AI-native architecture, approximately 14% of the workforce will be laid off

2026-05-05 19:18:03

According to Cointelegraph, Coinbase CEO Brian Armstrong stated that due to market conditions and the company's transition to an AI-native architecture, Coinbase is laying off about 14%.

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