Form 8-K Coinbase Global, Inc. For: May 05

Go back to Form 8-K Coinbase Global, Inc. For: May 05

Coinbase announces workforce reduction of 700 employees amid restructuring

May 5, 2026 7:00 AM EDT

Coinbase Global Inc. (NASDAQ: COIN) announced a restructuring plan that will reduce its workforce by approximately 700 employees, representing about 14% of its global workforce as of May 1, 2026.

The cryptocurrency exchange said the plan aims to manage operating expenses in response to current market conditions and optimize... More