2023-1-11 15:43 |
Coinbase, the popular cryptocurrency exchange, has announced layoffs at its Japan unit as part of a larger global workforce reduction.
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Crypro. com CEO cited poor market conditions and recent events in the industry as reasons for layoffs. The layoffs come just days after Coinbase announced similar layoffs. The Cronos (CRO) token price has responded positively to the news.
2023-1-13 11:04 | |
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Star investor Cathie Wood says Coinbase will survive the bear market as her ARK Innovation ETF (ARKK) buys over 33,000 COIN shares. The post Cathie Wood Snaps $1.45M in Coinbase Shares Despite Massive Layoffs appeared first on BeInCrypto.
2023-1-11 21:12 | |
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Cuts are “enough for now” based on the current trading environment Coinbase can be one of the few survivors of crypto winter Bitcoin is highly correlated with the interest rate direction Oppenheimer Executive Director and Senior Analyst Owen Lau talks about Coinbase’s latest round of layoffs and how the crypto exchange’s cost reduction strategy is […] The post Analyst: Only 5 exchanges will survive, Coinbase will be one of them appeared first on CoinJournal.
2023-1-11 09:22 | |
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Coinbase CEO Brian Armstrong announced that the exchange will cut 950 staff as its custody business onboards a new investment platform. The post Coinbase Institutional Business Thrives Despite Continued Layoffs appeared first on BeInCrypto.
2023-1-11 01:05 | |
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The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step.
2023-1-11 22:48 | |
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Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce, to reduce costs – according to an internal memo. The exchange is blaming the current market conditions for its continued personnel reduction.
2023-1-11 22:26 | |
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The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has however confirmed that the exchange is well capitalized.
2023-1-11 20:48 | |
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Coinbase, one of the largest crypto exchanges in America, announced another round of layoffs earlier today. In a blog post, CEO Brian Armstrong stated that the exchange would further cut its total empThe post Coinbase announces another fresh round of layoffs appeared first on AMBCrypto.
2023-1-10 15:15 | |
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Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings.
2023-1-10 17:57 | |
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As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
2022-7-22 21:20 | |
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Coinbase wants to continue its European expansion in the middle of the brutal bear market
2022-7-2 22:57 | |
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Amidst a slew of layoffs, the chief policy officer at Coinbase, Faryar Shirzad, admitted that further job cuts could come sometime in the future as part of a long-term plan to "operate the company responsibly.
2022-6-18 16:15 | |
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The company yesterday said it was letting go 1,100 employees, or 18% of its global workforce.
2022-6-16 19:16 | |
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2,000 new employees to be recruited as opposed to rivals' cuts
2022-6-15 15:39 | |
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The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 13, 2022.
2022-6-15 18:34 | |
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he market’s recent bloodbath has resulted in major crypto firms reining in their expansion plans and, in some cases, laying off a sizable portion of their workforce. The post Layoffs Continue with Coinbase, BlockFi and Crypto.
2022-6-14 15:30 | |
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Coinbase, Gemini and other crypto exchanges are laying off employees. But the cutbacks have not been as deep as previous market downturns, so far.
2022-6-4 20:43 | |
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The Coinbase news follows an announcement of layoffs at fellow exchange Gemini earlier today.
2022-6-3 23:57 | |
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While many employees of crypto platforms and related companies are being forced to leave with substantial layoffs, there are other workers that are taking control of their future by leaving all on their own.
2019-2-2 14:12 | |
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“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post.
The company cited macroeconomic headwinds limiting the company's ability to drive revenue as a reason for the cuts.
Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.
Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now’s Twitter was hacked over the weekend.
Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal.
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported.
Dapper Labs made prior cuts in February and November.