Coinbase boss fires 700 workers in 6:55 a.m. email saying company must become ‘lean, fast, and AI-native’

Coinbase chief executive Brian Armstrong informed employees in an early morning message Tuesday that the cryptocurrency ...
The Next Web

Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.

Coinbase is laying off 660 employees and restructuring into AI-native pods with a five-layer management cap. Q1 revenue is expected to fall 26% as crypto volumes drop 48%.

Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter

"Over the past year, I've watched engineers use AI to ship in days what used to take a team weeks," Coinbase CEO Brian ...

AI Layoffs Hit Crypto And Payments As Block Cuts 50%

Block, Coinbase, PayPal, Crypto.com, and others are tying job cuts to AI as investors question real efficiency gains.

Managers, get your hands dirty or get fired: Lessons from AI-powered tech layoffs at Coinbase, Block, Snap

As layoffs become the law of the land, and artificial intelligence (AI) drives productivity, it is managers that are becoming ...