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Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying 'AI is changing how we work' (Reuters)

Reuters: Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying “AI is changing how we work” — Coinbase (COIN.O) said on Tues

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Reuters: Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying “AI is changing how we work” — Coinbase (COIN.O) said on Tuesday it will cut about 700 jobs, or about 14% of its global workforce …

Source: Techmeme | 2026-05-05

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