The Economic Times

Coinbase layoffs: What is the severance package US' largest crypto exchange will give to Indian employees on work visas?

Coinbase is laying off 14% of its global workforce, impacting around 700 employees. The crypto giant cited market conditions and the growing influence of AI as reasons for the restructure. Affected employees will receive severance packages, with specific provisions for those on work visas and international staff, aiming for a leaner, AI-native operation.