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Coinbase CEO says it is laying off 18% of its workers

Coinbase CEO Brian Armstrong said today that the company will reduce its workforce by 18% — nearly 1,100 people — to “stay healthy during this economic downturn.” The crypto exchange, which went public last year with share prices touching the $350 mark, has lost momentum and is trading …

  • Posted on 14th Jun, 2022 13:33 PM
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