Coinbase Reduces Workforce by 14% as CEO Cites Crypto Market Conditions and AI Adoption
Coinbase Global Inc. announced on Tuesday, May 5, a 14% reduction in its workforce, affecting approximately 700 employees, as part of a restructuring to reposition the cryptocurrency exchange amid a down market and accelerating adoption of artificial intelligence (AI).
Read Full Article: https://www.naturalnews.com/2026-05-07-coinbase-reduces-workforce-market-conditions-ai-adoption.html