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Coinbase Cuts Down Staff by 14%, Crypto Players are Calling it “The Ultimate Bear Market Sign?”‬

Coinbase Cuts Down Staff by 14%, Crypto Players are Calling it “The Ultimate Bear Market Sign?”‬


ZyCrypto
2026-05-05 21:30:23
Coinbase Cuts Down Staff by 14%, Crypto Players are Calling it “The Ultimate Bear Market Sign?”‬

Coinbase is cutting approximately 14% of its workforce, with CEO Armstrong citing pressures from a subdued crypto market and rapid AI-driven productivity gains.

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