Coinbase Cuts 14% of Staff as Armstrong Restructures Around AI-Native Pods
BeInCrypto
Coinbase CEO Brian Armstrong announced a 14% staff reduction to flatten organizational hierarchy and transition operations toward an AI-native structural model.Summary
Coinbase is laying off approximately 14% of its workforce, or roughly 700 employees, as part of a strategic restructuring to streamline the company. CEO Brian Armstrong noted that the firm will flatten its hierarchy to a maximum of five layers below executive leadership. The restructuring is driven by the broader crypto market cycle and a company-wide pivot toward "AI-native pods," where employees manage AI agents and leverage increased automation to enhance production speed and efficiency. Affected U.S. staff will receive severance packages including at least 16 weeks of base pay.
(Source：BeInCrypto)