The DefiantMay 5, 2026, 2:02 PM
Coinbase Cuts ~14% of Workforce, Restructures as AI-Native Organization: Brian Armstrong

Coinbase is reducing its workforce by approximately 14% and fundamentally restructuring operations to become AI-native, CEO Brian Armstrong announced Tuesday. The layoffs come as the crypto exchange navigates market cyclicality and leverages AI productivity gains that have enabled engineers to ship... Read the full story at The Defiant
