Tuesday, June 14, 2022

"Coinbase to cut 1,100 jobs amid crypto turmoil" (COIN)

Following on the earlier "Coinbase CEO urges unhappy workers to quit, slams ‘dumb’ petition" (COIN) it appears the employees won't have to make the "I quit" decision.

A quick hit from Reuters:

Cryptocurrency exchange Coinbase Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, to cut costs amid the financial market downturn....

....MUCH MORE