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Coinbase slashes 1,000 jobs amid crypto crash: ‘A recession could lead to another crypto winter’
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fnlondon.comCoinbase is cutting 1,000 jobs – about a fifth of its employees – amid a meltdown in crypto and a collapse in its share price.
The crypto exchange said in a blog post on 14 June that it would cut 18% of its full-time workers. It has roughly 5,000 employees.
Chief executive Brian Armstrong blamed economic conditions and added that the company...
Read more on fnlondon.comAbout this in other media
Binance is ‘in it for the long game’ when it comes to Europe and doesn’t fear the crypto crash euronews.com /2 years ago
Should Retail Investors be worried about another Crypto Winter? By Viktor Prokopenya, London based Investor and FinTech Entrepreneur cryptonews.com /2 years ago
"Impersonal And Shocking": Coinbase Cuts 1,100 Jobs After Hiring Spree ndtv.com /2 years ago
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