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via Cointelegraph · By Cointelegraph Staff

How AI Became Crypto’s Favorite Reason to Cut Staff

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Cointelegraph Staff
(01:29 PM UTC)
1 min read
DK
Verified byDavid Kim
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Coinbase became the latest crypto company to cut its workforce on Tuesday, as a wave of layoffs sweeps through an industry navigating a down market and the pressure to embrace AI.

CEO Brian Armstrong said the company is using AI to flatten its organizational structure, with managers expected to act more like "player-coaches."

"AI is bringing a profound shift in how companies operate, and we're…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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