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Coinbase Layoffs 2023: What to Know About the Latest COIN Job Cuts

Coinbase Layoffs - Coinbase Layoffs 2023: What to Know About the Latest COIN Job Cuts

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Coinbase (NASDAQ:COIN) layoffs are big news on Tuesday with the company saying it plans to cut 20% of its workforce.

According to a filing with the U.S. Securities and Exchange Commission (SEC), the Coinbase layoffs will cover roughly 950 employees. This has it expecting to suffer $149 million to $163 million in restructuring expenses related to the job cuts.

Coinbase says . . .

Written by biedex markets