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Justin Estes

Coinbase Layoffs Have Crypto Bros Down Bad as AI Takes Their Jobs. Don’t Be Surprised If They Get Rehired Soonish.

Coinbase COIN X Brian Armstrong Crypto Gartner

Coinbase (COIN) CEO Brian Armstrong announced on X on Tuesday, May 5, 2026, at 5:55 a.m. Eastern that he has decided to lay off 14% of his employees. Not a great way to start Cinco de Mayo.

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