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Coinbase to cut 700 jobs as part of restructuring plan

Coinbase said on Tuesday it will cut about 700 jobs, or about 14% of its global ​workforce, as part of a restructuring plan aimed at ‌reducing costs and repositioning the business for the artificial intelligence era.

May 5 (Reuters) – Coinbase said on Tuesday it will cut about 700 jobs, or about 14% of its global ​workforce, as part of a restructuring plan aimed at ‌reducing costs and repositioning the business for the artificial intelligence era.
The move comes … [1323 chars]

Source: New York Post | Published: 2026-05-05T15:09:44Z

Credit: New York Post

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