Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining

CNBCMay 5, 2026 at 12:36 PM1 min read

Coinbase will cut roughly 14% of its workforce, citing a combination of market volatility and the how AI is quickly changing how the company operates.

This is a summary. For the full story, read the original article at CNBC.

Original source: CNBC

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