layoff
Coinbase cuts 700 jobs in AI-driven restructuring
Date: 2026-05-05
Jobs affected: 700
Coinbase said it would cut about 700 jobs, or 14% of its global workforce, as it trimmed costs and reorganized around AI-driven workflows.
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Coinbase
Coinbase operates in Cryptocurrency. AIImpact.fyi currently tracks 1 confirmed AI workforce event for this company, affecting approximately 700 jobs.
Industry
Cryptocurrency
Confirmed jobs affected
700
Headquarters
Not available
Timeline of AI events
Related roles
No role-level impact data available.