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…
Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.
Interested in working at Blockworks? We’re hiring journalists, a VP of Sales, and engineers! Check our open positions.
Can’t wait? Get our news the fastest way possible. Join us on Telegram.
blockworks.co