Cryptocurrency companies join Silicon Valley's wave of layoffs! Coinbase lays off 14% of its workforce; CEO says AI is bringing profound change.
Coinbase lays off approximately 14% of its workforce, with AI reshaping its operating model and driving restructuring. The downturn in the crypto market exacerbates cost pressures…
Coinbase lays off approximately 14% of its workforce, with AI reshaping its operating model and driving restructuring. The downturn in the crypto market exacerbates cost pressures, and a new wave of AI-driven layoffs is sweeping Silicon Valley.
Source: https://www.panewslab.com/en/articles/019dfae6-8156-74ad-ab99-dc0b1e9b12a8