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Coinbase Announces Massive Layoff of 1,100 Staff Following Market Conditions

Earlier this month, Coinbase announced that it would be extending its hiring freeze. Shares of Coinbase have fallen almost 7% on the announcement. CEO and Cofounder Brian Armstrong has a message for all Coinbase workers as the company plans to slash nearly 1,100 positions or about 18 percent of its

June 14, 2022 2 mins read