Coinbase cuts headcount by 18% to position for economic downturn (updated)

Jun. 14, 2022 8:25 AM ETCoinbase Global, Inc. (COIN)By: Liz Kiesche, SA News Editor28 Comments

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Coinbase Global (NASDAQ:COIN) is cutting its headcount by 18% to manage its expenses and "to ensure we stay healthy during this economic downturn," wrote CEO and co-founder Brian Armstrong in a blog

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