Coinbase slashes 18% of workforce By Reuters


© Reuters. FILE PHOTO: The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton/File Photo

(Reuters) – Coinbase (NASDAQ:) Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as a part of its efforts to cut costs amid volatile market conditions.

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