Coinbase CEO Brian Armstrong announced Tuesday that the cryptocurrency exchange is laying off hundreds of employees, pointing to the market’s current downswing and recent AI advancements. The company plans to reduce its workforce by about 14 percent, Armstrong said in an email to employees shared to the social platform X, which is equivalent to almost…
Politics
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Coinbase laying off hundreds of employees, citing AI advancements
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CitrixNews Staff
Originally reported by The Hill. Read the full story at the original source.
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