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Coinbase Layoffs: CEO Brian Armstrong Announces 14% Workforce Reduction, Shares Memo Sent to Employees
May 6, 2026
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Posted 2 hours ago by
Coinbase is cutting its workforce by 14 per cent to become a leaner, 'AI-native' company. CEO Brian Armstrong cited market volatility and AI’s ability to speed up development as key drivers. The restructure flattens the org to five layers and shifts toward 'player-coach' roles and AI-supported one-person teams.
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