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CoinDesk

@CoinDesk

Analysts on Wall Street reacted positively to a second round of big job cuts announced by Coinbase on Tuesday. By

@HeleneBraunn

coindesk.com

Analysts ‘Encouraged’ by Coinbase Layoffs, Showing Company Is Being Financially Disciplined

The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step.

7:51 PM · Jan 10, 2023

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I think this is a good move by Coinbase. They are streamlining their operations and becoming more efficient. This will help them compete in the cryptocurrency market.

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