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Coinbase lay's off's 14% of workforce
| Scamilio al-Scamdadi | 05/05/26 |
| Enola str8 | 05/05/26 |
| Long PlayroomPoon Clown Conniption | 05/05/26 |
| Scamilio al-Scamdadi | 05/05/26 |
| UhOh | 05/05/26 |
| TALL MAN IN A BABY CARRIAGE | 05/07/26 |
| fear of a faggot planet | 05/07/26 |
| TALL MAN IN A BABY CARRIAGE | 05/07/26 |
| fear of a faggot planet | 05/07/26 |
| ,.,.,:,,:,..,:::,...,:,.,..:.,:.::,. | 05/07/26 |
Poast new message in this thread
Date: May 5th, 2026 9:41 AM Author: Scamilio al-Scamdadi https://www.zerohedge.com/crypto/coinbase-ceo-cuts-workforce-14-ai-agents-takeover-accelerate-white-collar-job
Two forces are converging at the same time. We need to be front footed to respond to both.
First, the market. Coinbase is well-capitalized, has diversified revenue streams, and is well-positioned to weather any storm. Crypto is also on the verge of the next wave of adoption, with stablecoins, prediction markets, tokenization, and more taking off. However, our business is still volatile from quarter to quarter. While we've managed through that cyclicality many times before and come out stronger on the other side, we're currently in a down market and need to adjust our cost structure now so that we emerge from this period leaner, faster, and more efficient for our next phase of growth.
Second, AI is changing how we work. Over the past year, I've watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code and many of our workflows are being automated. The pace of what's possible with a small, focused team has changed dramatically, and it's accelerating every day.
All of this has led us to an inflection point, not just for Coinbase, but for every company. The biggest risk now is not taking action. We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native. We need to return to the speed and focus of our startup founding, with AI at our core. |
Date: May 5th, 2026 9:43 AM Author: Enola str8 These aren't layoffs — they're rightsizing. (http://www.autoadmit.com/thread.php?thread_id=5863835&forum_id=2#49866496) |
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Date: May 5th, 2026 10:00 AM Author: Long PlayroomPoon Clown Conniption ( ) (http://www.autoadmit.com/thread.php?thread_id=5863835&forum_id=2#49866563) |
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Date: May 5th, 2026 10:03 AM Author: Scamilio al-Scamdadi The biggest risk now is NOT taking action! (http://www.autoadmit.com/thread.php?thread_id=5863835&forum_id=2#49866574) |
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Date: May 5th, 2026 9:57 AM Author: UhOh The pace of what's possible with a small, focused team, coming soon to an office job near you. (http://www.autoadmit.com/thread.php?thread_id=5863835&forum_id=2#49866553) |
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Date: May 7th, 2026 7:38 PM Author: TALL MAN IN A BABY CARRIAGE This. I brought 5 of my workers in to fire them but figured I would break their balls a little first and told them they’re getting a raise before I dropped the hammer. I said “you’re getting a raise! A raise in stress from not having a job! Fuck you! Your children and your family! In fact send your wife my way and I’ll fuck her like someone who actually had a job!”
Ai will have all their jobs in a decade or two. |
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Date: May 7th, 2026 7:40 PM Author: fear of a faggot planet (🧐) Hell in a decade or two it'll have all our jobs. But at least we'll all have Grok Imagine gfs blowing us in the nursing home. (http://www.autoadmit.com/thread.php?thread_id=5863835&forum_id=2#49873241) |
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Date: May 7th, 2026 7:47 PM Author: TALL MAN IN A BABY CARRIAGE Half of the people who have access to a tool like grok imagine will end up in jail. Just look at the shit TT posts about it taking people’s real photos and undressing them and putting them in poses.
At least normal people like us use grok created characters. |
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Date: May 7th, 2026 7:23 PM Author: fear of a faggot planet (🧐) https://x.com/Polymarket/status/2052490314019995903
@Polymarket JUST IN: Coinbase transaction revenue falls 40% year-over-year.
LJL at the zerohedge blackpill cope. CEO uses cover to layoff people when number goes down. News at 11. |
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Date: May 7th, 2026 7:46 PM Author: ,.,.,:,,:,..,:::,...,:,.,..:.,:.::,. first they came for the ponzi scheme money launderers selling scam coins with zero identifiable social utility, and I said nothing. (http://www.autoadmit.com/thread.php?thread_id=5863835&forum_id=2#49873268) |