Tech Insider : Business, Environment, Technology
Madison, Wisconsin
Madison, Wisconsin, was ranked as one of the best college towns in the US.
Mashable : Business, Crypto
Coinbase logo

Crypto exchange Coinbase is laying off 14 percent of its workforce.

The decision has been made public by CEO Brian Armstrong. In a post on X, he explained that the layoffs are mainly due to two concerns: Bear market, and AI.

Tech Insider : Business, Crypto
Mad Lib gif
Crypto firm Coinbase is the latest company to announce layoffs.
  • Coinbase is laying off 14% of its staff.
  • Its CEO cited AI as the key reason for this, as it pivots to tiny teams and away from layers of management.
  • The CEO's memo to staff had all the classic ingredients of a 2026 layoff letter.

Same story, different company.

Tech Insider : Business, Style
The Ukrainian Air Force's F-16 fighter jet flies in an undisclosed location in Ukraine, Sunday, Aug. 4, 2024.
Before Ukrainian pilots learn to fly the F-16, they receive early-stage training in the UK.
Tech Insider : Business, Style, Technology
Inworld CEO Kylan Gibbs writes on a whiteboard at the AI startup's Silicon Valley headquarters
Inworld CEO Kylan Gibbs writes on a whiteboard at the AI startup's Silicon Valley headquarters
Tech Insider : Business
Michael Burry of
Michael Burry, the investor of "The Big Short" fame, has exited his GameStop position.
Tech Insider : Business
Winston Weinberg speaks into a microphone while holding a presentation clicker beside a Harvey banner.
Winston Weinberg is the CEO of Harvey.
Tech Insider : Business
Christina Stiehl lifting kettlebell in gym
I save $160 monthly after switching from a luxury fitness club to a more affordable gym.