Coinbase Lays Off 14% of Staff as Kalshi Sees 92% Odds of More Tech Layoffs
Coinbase’s decision to cut approximately 700 jobs, or 14% of its workforce, on Tuesday is being read by prediction market traders as confirmation of a trend that is only getting started. Kalshi currently prices a 92% probability that total tech layoffs in 2026 will exceed the 447,000 recorded in 2025. With the Bureau of Labor […]
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