Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying "AI is changing how we work" (Reuters)

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Reuters:
Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying “AI is changing how we work”  —  Coinbase (COIN.O) said on Tuesday it will cut about 700 jobs, or about 14% of its global workforce …

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