Coinbase boss fires 700 workers in 6:55 a.m. email saying company must become ‘lean, fast, and AI-native’

Armstrong shared the memo on social media shortly before 7 a.m., telling staff the cuts were necessary as AI rapidly reshapes ...

Coinbase is laying off 14% of staff, citing AI. Read the letter from its CEO.

In a Tuesday X post, CEO Brian Armstrong said the cuts were to "be leaner, faster, and more efficient for our next phase of ...

Coinbase will lay off 14% of its staff as AI spurs a new way of working

Coinbase will pivot to more “one-person teams,” meaning that employees will be asked to act as engineers, designers and ...
The Next Web

Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.

Coinbase is laying off 660 employees and restructuring into AI-native pods with a five-layer management cap. Q1 revenue is expected to fall 26% as crypto volumes drop 48%.

Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter

"Over the past year, I've watched engineers use AI to ship in days what used to take a team weeks," Coinbase CEO Brian ...
Tech Times

Coinbase Layoff Email Stuns Staff — CEO Says ’AI Can Do Weeks Of Work In Days‘ As 14% Jobs Cut

Coinbase CEO Brian Armstrong announces a 14% workforce reduction, citing AI’s transformative impact on operations and the ...

Managers, get your hands dirty or get fired: Lessons from AI-powered tech layoffs at Coinbase, Block, Snap

As layoffs become the law of the land, and artificial intelligence (AI) drives productivity, it is managers that are becoming ...