Coinbase lays off 18% of employees (about 1,100 people) amid increasing “cryptowinter”
On June 14, Coinbase Global Inc., the largest cryptocurrency exchange in the United States reported that it is preparing to lay off 18% of employees, ie about 1,100 of the 6,100 people who worked in the company. The CEO explained the need to reduce staff by deteriorating the cryptocurrency market – it lost $1 trillion […]