June 14, 2022 Sophia Vida

Coinbase Lets Go of 18% of its Workforce as ‘Crypto Winter’ Looms

Coinbase announced this week that it has laid off 18% of its workforce as executives prepare for recession and a crypto winter. The company’s CEO Brian Armstrong pointed to a possible recession, a need to manage costs and growing “too quickly” during a bull market. “We appear to be entering a recession after a 10+ … Continue reading “Coinbase Lets Go of 18% of its Workforce as ‘Crypto Winter’ Looms”