Coinbase, Crypto
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The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for the artificial intelligence era.
Major tech firms are cutting thousands of jobs as AI reshapes the industry. Cognizant plans up to 15,000 layoffs, while Coinbase, PayPal, Microsoft, and Amazon are also slashing workforces, bringing total tech job losses in 2026 to over 92,