Coinbase lays off over 1,000 employees, CEO expects long crypto winter [TechSpot]

View Article on TechSpot

Coinbase CEO and co-founder Brian Armstrong has just announced that the company is laying off 18 percent of its staff, equating to about 1,100 employees. This news comes just two weeks after the company extended its hiring freeze and rescinded job offers for an unknown number of new hires. Coinbase…