Coinbase Cuts 14% Workforce to Focus on AI-Native Talent

On May 5, 2026, Coinbase CEO Brian Armstrong announced the company would cut around 14% of its global workforce. The layoffs are driven by ongoing crypto market volatility and rapid productivity gains from artificial intelligence (AI) tools. Armstrong aims to transform Coinbase into a leaner, faster, and AI-native organization ready for the next bull cycle. […] Read The Full Article Coinbase Cuts 14% Workforce to Focus on AI-Native Talent On Coin Edition.