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Coinbase CEO Cuts Workforce By 14% As AI Agents Take Over, Accelerate White-Collar Job Apocalypse
Coinbase CEO Cuts Workforce By 14% As AI Agents Take Over, Accelerate White-Collar Job Apocalypse
Coinbase employees woke up Tuesday morning to an email from the CEO announcing a workforce reduction of up to 14% as part of a broader push to make the crypto firm "leaner, faster, and AI-native."
CEO Brian Armstrong also released the letter on X, starting off the letter by saying:
Today I"ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it...
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