MacMusic  |  PcMusic  |  440 Software  |  440 Forums  |  440TV  |  Zicos

Coinbase To Cut 20% Jobs, Abandon 'Several' Projects To Weather Downturns in Crypto Market

mardi 10 janvier 2023, 15:00 , par Slashdot
Coinbase plans to cut 950 jobs, or about 20% of its workforce, and shut down 'several' projects as the U.S. crypto exchange giant looks to reduce its expenses to increase its 'chances of doing well in every scenario.' From a report: This is the second round of major layoff at the crypto exchange, which eliminated 18% of its workforce, or nearly 1,100 jobs last June, but there was 'no way to reduce our expenses significantly enough, without considering changes to headcount,' Coinbase co-founder and chief executive Brian Armstrong wrote in a blog post Tuesday.

Read more of this story at Slashdot.

Voir aussi

News copyright owned by their original publishers | Copyright © 2004 - 2023 Zicos / 440Network
Date Actuelle
ven. 31 mars - 10:30 CEST