Express

Coinbase Lays Off Over 60 Workers

Katie Lin

Summary: Crypto exchange Coinbase Global laid over 60 people due to the current downturn in the industry. The layoffs occurred in the company’s recruiting team and its institutional onboarding unit. “These are isolated and targeted actions by two teams to help Coinbase operate as efficiently as possible,” the company spokesperson said.  Earlier this year, Coinbase had ...

Crypto exchange Coinbase Global laid over 60 people due to the current downturn in the industry.

The layoffs occurred in the company’s recruiting team and its institutional onboarding unit.

“These are isolated and targeted actions by two teams to help Coinbase operate as efficiently as possible,” the company spokesperson said. 

Earlier this year, Coinbase had been considering reducing its workforce due to low trading activity. In June, it said it would cut around 1,100 of its employees.

Author: Katie Lin

Last Update:

Tags: ,,
Link: Coinbase Lays Off Over 60 Workers   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 6 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 10 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 25 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.