Coinbase to lay off another 950 staffs as recession fears continue!
Channel: LateNite Live
Date: 2023-01-10

According to the report from #Coinbase website, it can be seen that Coinbase has made a difficult decision to reduce their operating expense by slashing 950 people which equates to about a quarter of their workforce.

Brian Armstrong, CEO & Co-founder of Coinbase, stated that this is a part of restructuring their plans to focus on increasing operational efficiency and he's still optimistic about the firm's future and the future of #crypto. 

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