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Coinbase Lays Off Nearly 700 Workers In 'AI-Native' Restructuring

Coinbase is laying off about 700 workers, or 14% of its workforce, as CEO Brian Armstrong says the company is restructuring to become "lean, fast, and AI-native." Engadget reports: Armstrong claimed he'd seen engineers "use AI to ship in days what used to take a team weeks" and that non-technical t...

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