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Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work

The company, formerly headquartered in San Francisco, said that it's also changing the way it operates and will lean on smaller teams that c

Cali Reporter staff · May 5, 2026
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Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work
Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work

The company, formerly headquartered in San Francisco, said that it's also changing the way it operates and will lean on smaller teams that can do more with AI.

Original reporting: LA Times, Business.

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