Coinbase Lays Off 15 Staff Members

  • Alex Morris
    📰 News

    Coinbase has cut ties with 15 customer support staffers. Any layoffs at Coinbase certainly give ground to speculations about the current state of the company


Coinbase Lays Off 15 Staff Members

Yahoo! Finance has just revealed that Coinbase, a leading San Francisco-based cryptocurrency exchange, has cut ties with 15 customer support staffers. While it can be hardly called a firing spree, any layoffs at Coinbase certainly give ground to speculations about the current state of the company that has been recently valued at a whopping $8 bln.  

As of now, Coinbase is a 550-strong company, so 15 staffers leaving the company doesn’t seem to be a big deal. Those staffers joined the San Francisco-based startup back in 2013 when Coinbase started expanding its customer support team.  

After opening a New York office, the startup led by Brian Armstrong also had a couple of high-profile hires, including Charles Schwab’s vet Chris Dodds.  
 

Cover image via u.today
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