
Investing.com··Tim BakerCoinbase Cuts 14% of Workforce Amid Crypto Downturn and Volume Collapse
Coinbase laid off 700 employees (14% of workforce) to cut $120M-$150M in annual costs as Bitcoin plummets 50% and trading volumes drop 30% year-over-year.
METAAMZNCOINcost restructuringAI automation