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COINBASE JOB CUT
US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fearsWall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. ...
Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
US company ClickUp lays off 22% workforce, but CEO says bigger rewards await those...ClickUp Layoffs: ClickUp is cutting 22 per cent of its workforce as the company shifts more aggressively towards artificial intelligence-dr...
Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workersAmazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He...
‘No coders or managers’: 1 lakh tech jobs gone, but one type of engineer is becoming untouchable, and the ₹60.5 lakh crore reason whyTech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and PayPal, despite record AI investments...
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
Airbnb says AI now pens 60% of its code as tech firms trim teamsAirbnb's CEO revealed that nearly 60% of code was AI-generated last quarter, accelerating feature development and improving API partner too...
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
Cloudflare shares plunge 18% after earnings report as AI-driven layoffs rattle investorsCloudflare's stock dropped 18% after reporting strong Q1 2026 earnings, as the company announced plans to cut over 1,100 jobs, about 20% of...
Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
Salesforce CEO Marc Benioff says AI won’t wipe out entry-level jobs. He’s hiring 1,000 graduates to prove itSalesforce CEO Marc Benioff announced the company is hiring 1,000 graduates and interns to build its AI systems, directly challenging fears...
Coinbase layoffs: What is the severance package US' largest crypto exchange will give to Indian employees on work visas?Coinbase is laying off 14% of its global workforce, impacting around 700 employees. The crypto giant cited market conditions and the growin...
Coinbase cuts 14% of staff: Is AI the real reason behind the layoffs?Coinbase is slashing approximately 700 jobs, around 14% of its global staff, as part of a major restructuring. This move aims to cut costs ...
Coinbase layoffs: Why Coinbase is cutting 14% jobs as CEO Brian Armstrong pushes AI shift – here's what he said about severance pay, healthcare, and supportCoinbase layoffs 2026: Coinbase has announced job cuts affecting 14% of its staff. CEO Brian Armstrong cited crypto market downturns and th...
Bitcoin rally masks bleaker picture emerging in cryptocurrency worldOn Wednesday, crypto exchange Kraken announced job cuts a person familiar with the matter said amounts to 15% of workers, while rival Coinb...
Crypto contagion deepens: Coinbase to lay off about 950 employeesCoinbase said it expects to incur a total of about $149 million to $163 million in restructuring expenses.
Coinbase says Apple blocked its last app release on NFTs in walletCoinbase said it would not be able to comply with the requirement even if it tried as the iPhone maker's proprietary in-app purchase system...
Coinbase lays off over 60 employees as cryptocurrencies extend fallThe job cuts, the second time this year, follow a week after "crypto market headwinds" contributed to Coinbase's net loss of $544.6 million