Coinbase To Cut 14% Of Workforce As AI Push And Crypto Slump Reshape Operations

Source: International Business Times

Coinbase said the latest restructuring is aimed at making operations leaner while adapting to AI-driven workflows. Coinbase on X / Video Screenshot Coinbase said Tuesday it will cut about 14% of its global workforce, or roughly 700 jobs, as part of a push to trims costs and reorganize around artificial intelligence while navigating a slowdown in digital asset trading. The layoffs follow a decline in crypto market activity after prices retreated from highs seen in late 2025, reducing trading volumes across exchanges.