While the majority of Coinbase employees around the world work remotely, some jobs are required to work in an office because of the nature of the role to protect customers, Brock said.

In January 2023, Armstrong said the exchange would cut 950 jobs as part of the company’s measures to reduce operating costs by around 25%. Armstrong emphasized at the time that Coinbase is ...

"We appear to be entering a recession (which could) lead to another crypto winter, and could last for an extended period," said Coinbase ... a level that would eliminate around 1,100 jobs and ...