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Coinbase Global (COIN) said in an SEC filing Tuesday that it would lay off approximately 20% of its employees, or around 950 employees, as part of larger cost-cutting measures amid continued ...
What to watch in markets on Wednesday, January 11, 2023. For premium support please call: 800-290-4726 more ways to reach us
Coinbase is cutting 18 percent of its workforce, or about 1,100 jobs, as the crypto world continues to struggle. Coinbase cuts roughly 1,100 jobs amid fears of a 'crypto winter' Skip to main content
Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. ... layoffs, and partnerships.
On July 9, 2020, it was announced that Grewal would replace Brian Brooks as chief legal officer at Coinbase, a cryptocurrency exchange. [15] On June 14, 2022, Coinbase announced that it would layoff 18% of its workforce. [16] Grewal defended the layoffs, arguing that it needed to be done to "ensure we stay healthy during this economic downturn."
Coinbase becomes one of the most downloaded apps after their ad airs. [45] Early April The U.S. Securities and Exchange Commission (SEC) announce that they would begin to put regulations on the crypto agencies, setting the stage for a broad selloff. [46] 4 April Bitmex becomes the first crypto agency to announce layoffs, laying off 25% of its ...
The current wave of layoffs is being driven by the macroeconomic environment, particularly roiling companies that are vulnerable to rising interest rates — a group that includes Coinbase , Tesla ...
Coinbase. Coinbase said on Jan. 10, that it's cutting off 20% of its workforce, approximately 950 employees.This marked the crypto company's second major set of layoffs within the last few months ...