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Crypto · United States

Coinbase layoffs

We've tracked 3 rounds of Coinbase layoffs between Jun 2022 and May 2026, affecting 2,750 people in total. 25% of them lost their jobs in cuts that Coinbase or credible reporting tied to AI. Headcounts are what was reported at the time, and some may have changed since.

People affected

3K

Across tracked announcements

Announcements

3

Jun 2022 → May 2026

AI-attributed

25%

Of affected people

Every tracked announcement

  1. −700(14% of workforce)AI · confirmed

    Market conditions plus AI adoption cited together.

    Source: Coinbase (SEC filing)

  2. −950(20% of workforce)

    Second major Coinbase cut in seven months, with several projects shut down.

    About the figure: Quote truncated at 'expenses' to stay under 40 words.

    Source: TechCrunch

  3. −1,100(18% of workforce)

    CEO Brian Armstrong cut about 18% of staff, saying Coinbase 'grew too quickly'; earlier in June the company had rescinded a number of accepted job offers.

    Source: Coinbase blog

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Working at Coinbase, or somewhere like it?

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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.