BUSINESSR/CRYPTOMARKETS
Coinbase Lays Off 14% Workforce in Big AI Pivot — Bullish or Warning Sign?
Coinbase has announced layoffs of 14% of its workforce while increasing focus on artificial intelligence, sparking concerns about job security in the crypto industry. The move is framed as an efficiency upgrade but raises questions about the rapid adoption of AI. This development may have significant implications for the future of work in crypto.