New York Post
US · 7 mins ago
AI scored
Coinbase boss fires 700 workers in 6:55 a.m. email saying company must become ‘lean, fast, and AI-native’
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AI Analysis
Accuracy 78/100
Partisan intensity 35/100
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Centre / Neutral ✓ Fair headline
Coinbase CEO Brian Armstrong announced layoffs of approximately 700 workers via early morning email, citing the need to adapt to AI-driven changes in the workplace and become more efficient.
Coinbase boss fires 700 workers in 6:55 a.m. email saying company must become ‘lean, fast, and AI-native’
Armstrong shared the memo on social media shortly before 7 a.m., telling staff the cuts were necessary as AI rapidly reshapes how work is done.
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