Coinbase Is Shedding 18% Of Workforce Amid “Crypto Winter” Talk
June 14 2022 - 4:43PM
ValueWalk
Coinbase Global Inc (NASDAQ:COIN) is set to lay off 1,100 employees
or 18% of its staff, according to a filing with the U.S. Securities
and Exchange Commission. CEO Brian Armstrong pinned the decision on
the changing economic conditions that could make a “crypto winter”
more likely. Coinbase Layoff Armstrong was quoted as saying in The
[…]
https://www.valuewalk.com/coinbase-is-shedding-18-of-workforce-amid-crypto-winter-talk/
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