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Coinbase to Cut 14% of Staff, Citing Markets and AI

Bloomberg Tech · May 5, 2026, 5:56 PM · Also reported by 4 other sources

Bloomberg's Emily Nicolle joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." Crypto exchange Coinbase will cut around 14% of its workforce, citing a need to manage costs in volatile markets and technological advances in artificial intelligence. (Source: Bloomberg)

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CNBC Coinbase cuts headcount by 14% citing AI acceleration Forbes Coinbase Will Lay Off 15% Of Staff—As AI-Related Layoffs Soar TechCrunch Coinbase to lay off 14% of staff as part of broader restructuring Forbes Coinbase Cuts 14% Of Global Workforce—Citing AI And ‘Down Market’

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Coinbase to Cut 14% of Staff, Citing Markets and AI

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