The largest US-based crypto exchange by volume is cutting its workforce to help survive the prolonged crypto bear market. In a new blog post, Coinbase CEO and co-founder Brian Armstrong announced the laying off of 950 employees in an effort to reduce operating expenses. “Coinbase is well capitalized, and crypto isn’t going anywhere. In fact, I believe The post Coinbase Lays Off Nearly 1,000 Employees, CEO Brian Armstrong Cites Crypto Bear Market Plus Economic Downturn appeared first on The Daily Hodl .
