Coinbase Cuts 700 Jobs and CEO Warns Every Company Will Do the Same
Coinbase is cutting 700 employees, representing 14% of its workforce, as part of a restructuring focused on AI. CEO Armstrong is eliminating pure management roles and testing one-person teams utilizing AI agents, following a $667 million net loss and a 21.6% revenue drop in Q4 2025.
blocknow.com
3 min
1d ago
Coinbase Cuts 700 Jobs and CEO Warns Every Company Will Do the Same
Coinbase is cutting 700 employees, representing 14% of its workforce, as part of a restructuring focused on AI. CEO Armstrong is eliminating pure management roles and testing one-person teams utilizing AI agents, following a $667 million net loss and a 21.6% revenue drop in Q4 2025.
blocknow.com
3 min
1d ago
Coinbase Cuts 700 Jobs and CEO Warns Every Company Will Do the Same
Coinbase is cutting 700 employees, representing 14% of its workforce, as part of a restructuring focused on AI. CEO Armstrong is eliminating pure management roles and testing one-person teams utilizing AI agents, following a $667 million net loss and a 21.6% revenue drop in Q4 2025.
blocknow.com
3 min
1d ago
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