What Layoffs At Tesla And Coinbase Mean For Investors

SOPA Images/LightRocket via Getty Images Key takeaways Tesla have announced layoffs to 10% of their workforce with Coinbase also laying 18% of theirs It’s the latest in a string of headcount reduction...

Coinbase is ready to lay off 18% of staff- The Cryptonomist

On Tuesday, the CEO of Coinbase announced that the company will be forced to drastically reduce the number of its employees. Coinbase and the 18% cut in human resources In a Twitter statement, the CEO...

Coinbase Lays-off 8% of Staff in India Following Recent Market Turmoil

3 hours ago | 2 mins read Bitcoin News The company had intended to recruit over 1,000 people in India in 2022. Armstrong had blamed “informal pressure” from the central bank for suspending its UPI. Co...

Binance Plans to Hire 2,000 New Employees Against Coinbase & Gemini Layoffs and SEC Investigation

Despite the carnage on the streets of the cryptocurrency world, Binance, one of the world’s largest and most popular crypto exchanges by trading volume, does not plan to roll back its expansion ...

How to buy NFTs on Coinbase?

Not only is the number of nonfungible token (NFT) collections growing at a phenomenal rate, but so are the NFT marketplaces. Previously, NFT marketplaces were mainly decentralized applications (dApps)...

Laid-Off Workers May Find Home With Wall Street Regulator; Coinbase Still Eying India Expansion

The crypto winter is one of the hardest times with thousands of jobs lost as firms brace themselves for the long night. For those with terminated contracts, there’s a chance to switch sides and become...

Web3 Wallets Such As Metamask As Well As Coinbase Wallet Are Being Cloned By Hackers In Order To Steal Cryptocurrency

When it comes to devising attacks to take advantage of cryptocurrency consumers, hackers are becoming increasingly inventive. Confiant, a business committed to assessing the quality of advertisements ...

Crypto Prices Plummet – Coinbase, Crypto.com Announce Layoffs

With the ongoing crypto crunch, following the suit of Crypto.com, Coinbase Global Inc. CEO Brian Armstrong also took to Twitter to announce the 18% cut in its workforce, blaming the market turndown an...

Coinbase Slashes Workforce by 18% to Prepare for ‘Extended’ Crypto Winter

The leading U.S. crypto exchange Coinbase is cutting its workforce by 18% in preparation for the possibility of an “extended” crypto winter. In a blog post from CEO Brian Armstrong, the co...

Prominent US Exchange Coinbase To Trim Its Personnel By 18%

The Chief Executive Officer (CEO) of the crypto exchange Coinbase, Brian Armstrong has recently highlighted through a blog that they would cut down their global workforce by 18% in order to make sure ...

Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto – Coinotizia

Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdo...

Coinbase cuts workforce by 18% as the crypto market tumbles

Coinbase Global (COIN) is laying off approximately 1,100 people as part of a cost-cutting initiative, the firm announced in a filing on Tuesday. In May, Coinbase said it was reducing its hiring target...

Coinbase Cuts Team Size By 18% While Binance Opens 2,000 New Vacancies

Brian Armstrong, CEO of American exchange platform, Coinbase, is laying off 18% of the current team, as a means of ensuring checks and balances through the recession period. This is according to a sta...

Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto – Bitcoin News

Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdo...

Atomic wallet Vs Coinbase Wallet: which wallet should you choose?

Buying or trading bitcoin or other cryptocurrencies requires a wallet address so that the digital currency can be transferred to your control. When selecting a crypto wallet, the first thing that come...

Coinbase, MicroStrategy, Other Bitcoin-Exposed Stocks Tank Amid Crypto Meltdown

As the latest carnage in the crypto markets brought the price of Bitcoin below $24,000, MicroStrategy (MSTR) fell as much as 26.72% on Monday’s premarket to a 20-month low of $149. MSTR, which traded ...

Crypto exchange Coinbase slashes staff by 18% amid bear market

Coinbase CEO Brian Armstrong officially announced on Tuesday that he made a “difficult decision” to reduce the size of the Coinbase team by about 18% due to a starting economic recession. ...

Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak

CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypt...

Why Coinbase Will Cut 18% Of Workforce “During Recession”

Major crypto exchange Coinbase published a message from its CEO, Brian Armstrong. The company has decided to reduce its workforce by 18% to “ensure we stay healthy during this economic downturn”. Rela...

Coinbase Lays Off 1,100 People In Preparation For Prolonged Bear Market ⋆ ZyCrypto

Advertisement &nbsp &nbsp It has already been a challenging couple of months for the crypto sector and nobody is feeling the heat more than crypto-related employees who have b...

Coinbase employees Fall Victim To Crypto Winter, Again

Top cryptocurrency major exchange Coinbase on Tuesday announced yet another cost cutting measure in the wake of the latest crash. It said it is forced to take the decision to cut Coinbase employees si...

Coinbase to Fire 1,100 Employees

Alex Dovbnya Coinbase intends to cut its workforce by 18% as part of a restructuring plan Coinbase, the largest cryptocurrency exchange in the U.S., intends to fire as many as 1,100 employees as part ...

Coinbase Announces Massive Layoff of 1,100 Staff Following Market Conditions

4 hours ago | 2 mins read Exchange News Earlier this month, Coinbase announced that it would be extending its hiring freeze. Shares of Coinbase have fallen almost 7% on the announcement. CEO and Cofou...

Coinbase CEO Brian Armstrong Announces Massive Staff Cuts, Citing Recession and Crypto Winter

The head of leading US-based crypto exchange is making significant company-wide layoffs in preparation for a crypto winter. In a new blog post, Coinbase CEO Brian Armstrong announced the exchange will...

Coinbase Reduces the Size of the Firm’s Workforce by 18% – Bitcoin News

Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring...

Coinbase to layoff 1,100 employees after petition against executives

? Want to work with us? CryptoSlate is hiring for a handful of positions! Coinbase CEO Brian Armstrong on June 13 announced the decision to cut the company’s workforce by 18%, which according to The W...

Crypto Crash Results In Bitcoin-Exposed Stocks Such As Coinbase, MicroStrategy Dipping

The latest crypto massacre has pulled Bitcoin below $22,382.89 as of this writing. Meanwhile, MicroStrategy (MSTR) too suffered a drop of 26.72% on Monday’s premarket, reaching a 20-month low of $149....

Coinbase is cutting 18% of its workforce: ‘it’s a one-time event’

Shares of Coinbase Global Inc (NASDAQ: COIN) are in the red on Tuesday after the crypto company said it will cut jobs to minimize costs ahead of a “possible recession”. 1,100 employees to ...

Coinbase Triggers Explosive Rally for Ethereum-Based Altcoin As Exchange Announces Support for New Crypto Assets

One altcoin focused on privacy and scaling solutions is surging after being added to top US crypto exchange Coinbase’s roster of assets. In an announcement, Coinbase says Marlin (POND) will start trad...

Coinbase CEO Announces 18% Layoff Amid Impending Recession

Brian Armstrong – CEO of Coinbase – today announced his decision to reduce the size of the company’s team by 18%. Every Coinbase employee has now been issued a letter informing them of whether they’ve...

After BlockFi, Coinbase cuts workforce by 18% as CEO admits to over-hiring

While it is one of the world’s biggest crypto-exchanges, it would seem that Coinbase is not immune to the market’s downturn either. According to a blog shared by CEO Brian Armstrong, the exchange will...

Coinbase Slashes Staff by 18% as Crypto Bear Intensifies 

Key Takeaways Coinbase has reduced the size of its workforce by about 18%. The firm’s CEO Brian Armstrong explained that the company’s employee costs were too high to manage in such an unc...