Hundreds of jobs cut at Coinbase as AI takes on more…
Coinbase is laying off 14% of its workforce, around 700 employees, as it streamlines operations and embraces artificial intelligence. The crypto giant is simplifying its structure, reducing management layers, and forming smaller, agile teams powered by AI to boost efficiency and speed up decision-making in a volatile market. This strategic shift aims to enhance output per employee.
Coinbase is laying off 14% of its workforce, around 700 employees, as it streamlines operations and embraces artificial intelligence. The crypto giant is simplifying its structure, reducing management layers, and forming smaller, agile teams powered by AI to boost efficiency and speed up decision-making in a volatile market. This strategic shift aims to enhance output per employee.
