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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
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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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