Coinbase to Cut About 14% of Workforce as CEO Pivots Operations to AI

Coinbase plans to reduce its workforce by about 14%, or roughly 680 roles based on late-2025 staffing disclosures, as it restructures into an AI-native operating model. CEO Brian Armstrong said the move is aimed at lowering costs and speeding execution during extended crypto-market volatility. Coinbase shares rose about 4% in pre-market trading Tuesday as investors weighed the efficiency push against near-term disruption.