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  "path": "/coinbase-cuts-14-of-staff-as-armstrong-ties-cost-reset-to-ai-and-market-volatility/",
  "publishedAt": "2026-05-05T19:10:44.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
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    "Featured",
    "Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility",
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  "textContent": "Coinbase will cut about 700 employees, or 14% of its workforce, under a May 5 restructuring plan that the company says will cost $50 million to $60 million. The company framed the move as a response to two forces: crypto-market volatility and a shift in how artificial intelligence is changing the work inside Coinbase. Armstrong […]\n\nThe post Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility appeared first on CryptoSlate.",
  "title": "Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility"
}