Coinbase Layoffs Architect Exits Weeks After Cutting 700 Jobs
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Beincrypto - are covering this story. TL;DR: Coinbase cut 700 jobs in May 2026, reducing its workforce from 5,000 to 4,300 workers. The cost of the cash severance plan was placed between $50 million and $60 million. Lawrence Brock will step down from his position on August 17,…
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Coinbase Executive Behind 700 Job Cuts Exits Weeks After Layoffs
TL;DR: Coinbase cut 700 jobs in May 2026, reducing its workforce from 5,000 to 4,300 workers. The cost of the cash severance plan was placed between $50 million and $60 million. Lawrence Brock will step down from his position on August 17,…
Coinbase Layoffs Architect Exits Weeks After Cutting 700 Jobs
Coinbase's people chief quit 11 weeks after running the 700-job cut. His own exit deal is far softer.