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Coinbase Fires 60 People Due to Increasing Crypto Winter (Report)

Coinbase Fires 60 People Due to Increasing Crypto Winter

Coinbase Fires 60 People Due to Increasing Crypto Winter

The crash of FTX and the successive collapse of the crypto market resulted in additional layoffs from Coinbase.

The US-based crypto exchange Coinbase – reportedly reduced its team to 60 people following the FTX story and the consecutive market plunge.

Chief Financial Officer Alesia Haas said the company is likely to lay off more people if the turmoil deepens in the future.

Read more: They don’t have anything we don’t: CZ on why the FTX deal fell

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