Why Coinbase’s latest layoffs feel bigger than they are

Why Coinbase’s latest layoffs feel bigger than they are

A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Wednesday, January 11, 2023

Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App.

Coinbase (COIN) announced Tuesday it would be laying off 950 staff members, or around another 20% of its team.

As…


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