Coinbase Lays Off Nearly 700 Workers In ‘AI-Native’ Restructuring
Coinbase is laying off about 700 workers, or 14% of its workforce, as CEO Brian Armstrong says the company is restructuring to become “lean, fast, and AI-native.” Engadget reports: Armstrong claimed he’d seen engineers “use AI to ship in days what used to take a team weeks” and that non-technical teams in the company are “shipping production code,” wh … ⌘ Read more