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Coinbsea CEO: Coinbase Lays Off Approximately 14% of Workforce Due to Market Conditions and Transition to AI-Native Architecture

2026-05-05 11:11

Odaily Odaily reports that Coinbase is laying off approximately 14% of its workforce. Coinbase CEO Brian Armstrong cited market conditions and the company's transition to an AI-native architecture as the reasons. (Cointelegraph)