Financial Times
UK · 3 hrs ago
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Coinbase to cut 14% of staff over impact of AI and volatile markets
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Coinbase is laying off 14% of its workforce, with the CEO citing AI's efficiency gains and market volatility as reasons for the reduction in staffing needs.
Coinbase to cut 14% of staff over impact of AI and volatile markets
Crypto exchange’s CEO says the technology is speeding up its processes, meaning fewer employees are needed
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