Iris Coleman May 05, 2026 13:16 Coinbase lays off 700 employees (14% of staff) to adapt to market volatility and accelerate its AI-focused strategy. Coinbase announced on May 5, 2026, that it will lay …
Tag:
Restructuring
- Altcoin Highlights
Block Inc Slashes 40% of Staff in Major AI Restructuring: Good for Crypto?
by adminby adminBlock Inc (NYSE: XYZ), the fintech payments company led by Jack Dorsey, announced a massive workforce reduction on Thursday, slashing approximately 40% of its staff as part of a pivot toward AI. The restructuring …
