The Economic Times

Coinbase layoffs: Why Coinbase is cutting 14% jobs as CEO Brian Armstrong pushes AI shift here's what he said about severance pay, healthcare, and support

Coinbase layoffs 2026: Coinbase has announced job cuts affecting 14% of its staff. CEO Brian Armstrong cited crypto market downturns and the transformative impact of artificial intelligence. AI is enabling smaller teams to achieve more, leading to a leaner, more efficient Coinbase. This restructuring aims to prepare the company for future market cycles and a new wave of crypto adoption.