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Coinbase

Business & Lifestyle

Coinbase to lay off more than 900 employees

Coinbase, the first crypto exchange to be publicly traded, blamed "market conditions" for its move and said it will incur $149 million to $163 million in restructuring efforts, including severance packages and termination benefits. SAN FRANCISCO (UPI) -- Coinbase, one of the world's top cryptocurrency trading platforms, announced Tuesday it will be laying off more than 900 workers in the face of slowing global interest in digital currencies. The company, the first crypto exchange to be publicly traded, blamed "market conditions" for its […]

todayJanuary 12, 2023 6

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