Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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Coinbase is undergoing additional layoffs.
As first reported by The Information, crypto exchange Coinbase is adding to the 1,100 or so people it let go earlier this year with cuts to two other teams.
As confirmed in a statement from the company, they affect the recruiting and institutional onboarding groups, which are shrinking by about 60 people in total.
Coinbase CEO Brian Armstrong tweeted this week that the company isn’t affected by the ongoing FTX flameout and doesn’t engage in that kind of “risky behavior.”
Coinbase Is Cutting More Jobs
[The Information]
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