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CoinGape

2023-01-10 12:32:09

Breaking: Coinbase CEO Brian Armstrong Announces 20% Additional Layoff

Breaking: Coinbase CEO Brian Armstrong Announces 20% Additional Layoff

Coinbase CEO Brian Armstrong plans to cut an additional 20% of its workforce in order to manage operating expenses amid the ongoing bear market and FTX contagion. Coinbase slashed 18% of its workforce in June last year and will layoff an additional 950 employees as part of the latest decision. The crypto exchange had 4,700 The post Breaking: Coinbase CEO Brian Armstrong Announces 20% Additional Layoff appeared first on CoinGape .

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