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Coinbase cuts roughly 1,100 jobs amid fears of a 'crypto winter' Coinbase cuts roughly 1,100 jobs amid fears of a 'crypto winter'
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Coinbase cuts roughly 1,100 jobs amid fears of a 'crypto winter'
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Old 15th June 2022, 07:09   #1
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Default Coinbase cuts roughly 1,100 jobs amid fears of a 'crypto winter'

Coinbase is still struggling with a worsening cryptocurrency market. The exchange has announced that it's laying off 18 percent of its workforce, or about 1,100 jobs, to help weather difficult economic conditions. There's a "crypto winter," according to company chief Brian Armstrong, and the move is purportedly necessary to keep costs down during this dark period.

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