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Coinbase Lays Off 950 Staff, Cuts Operational Costs By 25%

source-logo  blockworks.co 10 January 2023 04:00, UTC
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Coinbase is cutting an additional 950 staff as part of cost-saving measures that will see its operational expenses shrink by a quarter.

The move was announced by CEO Brian Armstrong in a Tuesday morning blog post.

This is a developing story…


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