Coinbase said Tuesday it will cut about 14% of its global workforce, or roughly 700 jobs, as part of a push to trims costs and reorganize around artificial intelligence while navigating a slowdown in digital asset trading.
The layoffs follow a decline in crypto market activity after prices retreated from highs seen in late 2025, reducing trading volumes across exchanges. The company said the restructuring is aimed at making operations leaner while adapting to AI-driven workflows, according to Reuters.
