Coinbase Global, Inc. (COIN) to Cut 14% of Workforce Coinbase Global, Inc. 's decision to shed around 14% of its workforce has sent shockwaves through the tech industry.
The company's CEO, Brian Armstrong, attributes this move to two converging forces: volatile markets and the rise of artificial intelligence.
Behind the euphemisms of "managing costs" and "adapting to AI driven changes," a more complex story is unfolding.