Crypto exchange Coinbase Global has laid off just over 60 people as the company continues to reevaluate its headcount amid the ongoing downturn for the industry.
A Coinbase spokesperson told CoinDesk the reductions occurred on the company’s recruiting team along with its institutional onboarding unit. “These are isolated and targeted actions by two teams to help Coinbase operate as efficiently as possible,” the company spokesperson said. Coinbase was faced with the decision to slash headcount earlier this year as the exchange has been impacted by significantly lower retail trading activity as crypto prices have plummeted. Coinbase said in June it was“We are diligently focused on cost optimization and cash management,” Coinbase said in its third quarter
coinbase Never trust Brian Armstrong
coinbase That’s nothing compared to how much my hospital system has had to lay off this last year.
coinbase Aren’t you surprised to see everyone iss silent on this!!!
coinbase Don’t forget the macro financial situation happening. Geez.
coinbase Folks, we gotta stop the degenerate gambling and high leverage with customers fund, or we going to be caught. So we can’t afford to keep the casino staff onboard. Thanks for your commitments. We will call when things settle down.
coinbase
coinbase why's he smiling ?
coinbase mikeybellusci bullshit
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