{"id":83602,"date":"2023-01-11T01:29:24","date_gmt":"2023-01-11T06:29:24","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83602"},"modified":"2023-01-11T01:10:20","modified_gmt":"2023-01-11T06:10:20","slug":"coinbase-to-slash-20-of-workforce-in-second-major-round-of-job-cuts","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2023\/coinbase-to-slash-20-of-workforce-in-second-major-round-of-job-cuts.html","title":{"rendered":"Coinbase to slash 20% of workforce in second major round of job cuts"},"content":{"rendered":"\n<p>(CNBC) Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950jobs, according to a blog post published Tuesday morning. <a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\">Coinbase<\/a>, which had roughly 4,700 employees as of the end of September, already <a href=\"https:\/\/www.cnbc.com\/2022\/06\/14\/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html\">slashed<\/a> 18% of its workforce in June.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/01\/10\/coinbase-to-slash-20percent-of-workforce-in-second-major-round-of-job-cuts.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950jobs, according to a blog post published Tuesday morning. Coinbase, which had roughly 4,700 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83602","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83602"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83602\/revisions"}],"predecessor-version":[{"id":83603,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83602\/revisions\/83603"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}