Coinbase Cuts 60 Jobs in Latest ‘Crypto Winter’ Layoff
- Company said in June it would lay off 18% of workforce
- Galaxy Digital said it could eliminate 15-20% of workforce
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Coinbase Global Inc. said it was eliminating 60 positions, the latest in a series of job cuts by the exchange as the monthslong slump in cryptocurrencies deepens.
The largest US digital-asset trading platform plans to reduce its recruiting and institutional onboarding groups, according to a statement Thursday.