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ZyCrypto 2023-01-10 19:26:59

Coinbase Continues Staff Layoffs Citing ‘Ongoing Market Conditions’

Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce, to reduce costs – according to an internal memo. The exchange is blaming the current market conditions for its continued personnel reduction. In June last year, Coinbase announced another layoff of a fifth of its employees. Besides, its

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