Coinbase Global Announces Workforce Reduction of 14%

Coinbase Global (COIN) announced plans to cut approximately 14% of its workforce, impacting around 700 roles. The move is part of cost management and adaptation strategies amid volatile markets and AI-driven changes. Restructuring charges are expected to reach up to $60 million.

By Fatima Gulzar Sat, May 23, 2026 at 7:49 AM GMT+3 2 min read · Yahoo Finance · May 23, 2026, 04:49 UTC

Coinbase Global Announces Workforce Reduction of 14%

Tickers: $COIN $IBKR

Topics: AI impact cost-cutting crypto market layoffs

Read the full article at Yahoo Finance

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