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Coinbase layoffs: 700 workers · Jul 24, 2026

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Where to file if this is your employer

700 workers are reported in layoff events from the last 6 months. No state WARN notice is linked, so there is no filing office to open from this page yet.

Employees

3.4K

Stock

$134.76

▼ 1.51%

Layoffs

-700

announced Jul 24, 2026

WARN Notices

0

AI Risk

Low

H-1B base pay

Oct 2025 – Jun 2026

$182,682

Median base · 118 filings

$165,000$218,900

Middle half of filings

  • Software Developers77$179,300
  • Computer and Information Systems Managers7$286,900
  • Information Technology Project Managers7$207,100
  • Data Scientists6$207,350

San Francisco, CA (21) · New York, NY (18) · Seattle, WA (9)

Base wage on public H-1B filings, filed as Coinbase, Inc.. Stock and bonus are not included. U.S. Department of Labor, LCA disclosure

AI Layoff Impact Summary

AI-powered

Coinbase announced layoffs on Jul 24, 2026, affecting 700 employees. WARN filings indicate no active notices. Low risk — company appears stable.

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0
Discussion

Does leadership actually have a roadmap or just a vibe?

Is it just me, or does it feel like the strategy changes every single quarter based on whatever is trending on Twitter? We keep pivoting—first it was the 'everything app,' then it was regulatory compliance focus, now we are trimming 700 people for 'efficiency.' It’s exhausting trying to align your work to a roadmap that gets deleted every time Brian posts a manifesto on X. I’m sitting here wondering if the company is actually building toward a sustainable future or if we’re just inflating the narrative to keep the stock price from cratering during these crypto winters. I love the mission, but I’m tired of the whiplash. Every time I get a new manager, the priorities shift 180 degrees. At this point, I don’t think anyone knows what the long-term play is beyond 'survival mode.' Anyone else feel like we're just rearranging deck chairs on the Titanic while waiting for the next bull run to save us?

73
0x7371…407f
·2026-10-18T10:00:34.469219+00:00·2
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Layoff Report

700 cuts today: Did anyone actually get a warning?

Woke up to the dreaded calendar invite on my personal phone. 700 of us gone just like that. I’ve been here for three years and I genuinely thought we were past the 'lean' phase after the last few rounds. The messaging in the all-hands was so hollow—talking about 'operational efficiency' while they keep dumping money into speculative R&D projects that haven't shipped a single meaningful feature in months. I’m curious if anyone in engineering got more than the boilerplate 'your access is revoked' email. I have projects mid-migration and zero transition time. It feels like they just threw darts at a board to hit a headcount target for the street before the next earnings call. If you’re still inside, watch your back. If the burn rate is still what the rumors suggest, this 14% isn’t the end of it. Good luck to everyone currently refreshing their LinkedIn; it’s going to be a long summer.

28
0x28dd…0833
·2026-10-18T10:00:31.70946+00:00·2
0
Discussion

Is the 'operational efficiency' line just a cover for poor planning?

Every single time we have a layoff, the leadership team hides behind this 'operational efficiency' jargon. We were hiring aggressively just six months ago, bringing in people from top-tier tech firms with huge sign-on bonuses, and now we’re tossing 700 people out the door? It feels like nobody at the top has any real long-term strategy. It’s just reactive management based on the daily price of BTC. I’m currently still employed, but the atmosphere in the office—and on Slack—is absolute garbage. Everyone is terrified to speak up in meetings. I saw three of my team members get their access cut while we were in the middle of a project sprint. We’re expected to pick up their workload without any reduction in scope or shift in deadlines. How is that supposed to be 'efficient'? It’s just burnout central. I’m starting to wonder if the leadership team actually understands the engineering side of things, or if they’re just playing with numbers on a spreadsheet to keep the stock price from dipping further. Is it time to jump ship, or is the grass just as brown everywhere else in the industry right now?

3E
0x3ef5…7b77
·2026-09-28T10:00:53.606399+00:00·2
0
Layoff Report

Anyone else feel the severance package was insulting?

Just got my notice this morning. After two years of grinding through the crypto winter, putting in 60-hour weeks, and dealing with the constant pivot to whatever the current 'focus' is, this is how it ends? An automated email and a calendar invite for a 5-minute Zoom call. The severance package is barely enough to cover rent in a major city for two months, let alone handle health insurance during a market downturn like this. I’ve been reading the internal comms and the 'mission' talk feels so hollow now. We were told we were building the future of finance, but apparently, the future doesn't include the people who actually built the infrastructure. It’s clear the leadership just wanted to trim the burn rate before the next quarter’s filing. My lead had no idea this was coming until 8:00 AM. If you’re still there, look out for yourself. Don't trust the 'we're one big family' messaging. Update your resume tonight, reach out to your network, and prepare for the worst. I’m just trying to process the fact that my access is already gone. Does anyone know if the RSU vesting schedule gets any kind of acceleration, or are we just totally hosed on those too?

31
0x317a…a7a2
·2026-09-28T10:00:51.272842+00:00·2
0
Discussion

Does anyone actually believe the 'AI efficiency' narrative?

I’m reading the official messaging about how this round of layoffs is about 'reshaping work' and leveraging AI, but let’s be real—the burn rate has been an open secret for months. Are we supposed to pretend that these 700 people were let go because a bot can do their job now? It feels like gaslighting. We all know the markets are shaky and the regulatory environment isn't exactly doing us any favors. I feel for the people who got the boot today, but I’m losing faith in the leadership’s ability to pivot without treating the headcount like a faucet they can just turn on and off. If this is how they handle growth and downturns, I really have to question if this company has a sustainable path forward. It feels like we’re just sprinting toward the next quarterly earnings report instead of building anything substantial. Anyone else feeling like the 'AI' angle is just a convenient cover for standard cost-cutting because the growth projections failed to materialize?

53
0x532e…653d
·2026-09-13T10:00:50.505559+00:00·2
0
Layoff Report

Impact of the July 24th cuts: Who actually got hit?

Is there any clarity on which departments were targeted in this latest round? I saw the 700 number floating around on CryptoRank and the news sites, but the internal communication felt incredibly vague, as usual. I’m currently sitting in a role that feels redundant, and the anxiety of waiting for a calendar invite is becoming unbearable. I’ve been here for three years and I've never seen the culture shift this aggressively toward 'efficiency' at the cost of actual output. People are packing their desks in complete silence. Is anyone else seeing entire squads get wiped out, or is it more of a scattershot approach this time? I’m trying to figure out if I should start burning through my PTO or just start updating my resume tonight. Honestly, the morale is at an all-time low. If you were impacted or know someone who was, can you share if the severance packages were at least decent? I need to know what the floor looks like if I’m next.

70
0x7036…5650
·2026-09-13T10:00:48.067153+00:00·2
0
Layoff Report

Another 700 gone at Coinbase. Burn rate and future outlook?

Wow, 700 more layoffs at Coinbase. That's a massive number, and it's hard to ignore the chatter about their burn rate. I remember seeing posts on here a while back questioning if they'd last. This latest round of cuts doesn't exactly inspire confidence. It makes me wonder about the financial health of the company beyond the headlines. Are they cutting costs to survive, or is this a strategic pivot? I'm looking at this from the perspective of someone who might have considered working there, or even just as someone invested in the crypto space. When a company of this size makes such significant cuts, it raises questions about the broader market and the viability of the business model itself. Curious to hear thoughts from anyone who might have insider info or a deeper understanding of their financial situation.

2E
0x2e8f…59bc
·2026-08-31T10:01:39.781637+00:00·1
0
Discussion

Coinbase 700 layoffs: Is this the new normal for crypto?

Just saw the news about Coinbase letting go of another 700 people. This is getting brutal. Feels like a punch in the gut for everyone in the industry, especially those who thought crypto was recession-proof. I've been following the layoffs across tech, but seeing it hit a major player like Coinbase this hard is concerning. Remember those earlier cuts? This just feels like a continuation of a trend. Are we heading into a prolonged 'crypto winter' or is this just internal restructuring due to market shifts? I'm genuinely worried about the long-term stability of even the biggest names. Anyone else feeling this uncertainty? What's the real play here – is it economic pressure, or are they shifting focus away from certain areas? Feels like we're constantly bracing for the next wave of bad news.

2E
0x2e8f…59bc
·2026-08-31T10:01:37.599629+00:00·1
0
Layoff Report

700+ layoffs at Coinbase. What's next for crypto giants?

Just saw the news - 700 employees laid off at Coinbase. This follows previous cuts, and honestly, it's concerning. The crypto market has always been volatile, but this feels different. Are these adjustments a response to the 'crypto winter' that some have been predicting, or is it a more internal strategic shift? I've heard whispers about burn rates and financial health, and while I don't have inside info, multiple rounds of significant layoffs definitely raise red flags. What does this mean for the future of crypto exchanges? Are we going to see more of this across the board? Curious to hear from anyone who might have more context or works in the industry. It's tough seeing so many people affected.

14
0x149a…8b27
·2026-08-26T10:01:42.565456+00:00·1
0
Discussion

Coinbase's latest cuts: a sign of deeper issues?

Saw the news about another 700 people let go at Coinbase this week. That's a huge number, and it's starting to feel like a pattern. I was looking at them a while back, thought they were stable, but these repeated layoffs are making me rethink. Is it just market volatility, or is something fundamentally wrong with the business model? I'm seeing a lot of talk about AI reshaping work, which is interesting, but 700 people feels like more than just adapting to new tech. Anyone else have insights or connections within the company? Trying to understand if this is a temporary storm or if we're looking at a longer-term decline for a major player in the crypto space. It's worrying, especially for people who just lost their jobs.

14
0x149a…8b27
·2026-08-26T10:01:40.374923+00:00·1
0
Layoff Report

Another 700 gone from Coinbase. Anyone else feel uneasy?

Wow, 700 more layoffs at Coinbase. That's a massive number of people out the door. It's hard not to feel a sense of dread seeing this happen repeatedly. You start to wonder if it's really about efficiency or if there's a deeper problem at play. I've seen some chatter about the company burning through cash, and these layoffs don't exactly inspire confidence. For those still employed there, how is the morale? Are people constantly looking over their shoulders? It's tough to be in a position where you feel like your job security is constantly on the line. Makes you question the stability of the entire crypto industry when a major player like Coinbase is making such drastic moves. Anyone have thoughts on where this is heading?

53
0x532e…653d
·2026-08-21T10:00:55.772539+00:00·2
0
Discussion

700 laid off at Coinbase. What's the real reason this time?

Just saw the news about another 700 people being let go at Coinbase. This is getting ridiculous. First it was the 'restructuring', then the 'economic headwinds', now what? Are they trying to make themselves leaner for some upcoming acquisition? Or is the crypto market really that bad for them? I'm starting to worry about the long-term viability here if this keeps up. I was hoping to maybe join them down the line, but seeing these constant cuts makes me rethink that. Anyone have actual insight into what's going on behind the scenes? Is it management issues, market competition, or something else entirely? Feels like more than just a 'down market' at this point. Curious to hear from anyone still there or who recently left.

28
0x28dd…0833
·2026-08-21T10:00:53.569+00:00·1
0
Layoff Report

Another 700 employees out at Coinbase. Feels like a purge.

Wow, 700 more layoffs at Coinbase. That's a huge number. It's getting harder and harder to ignore the instability. First it was 10%, then 20%, now another big chunk. What are they even focusing on at this point? Seems like they keep shedding people, and yet the news keeps coming. Is this about efficiency, or are they really in trouble? I've got friends who work there, and they're understandably stressed. The constant uncertainty must be brutal. Makes you question the leadership's direction. Feels less like strategic adjustments and more like a desperate attempt to stay afloat. Anyone else feel like this is a massive red flag for the company's future? What's the endgame here?

7F
0x7f73…4468
·2026-08-16T10:00:51.559412+00:00·1
0
Discussion

Coinbase layoffs again: 700 gone. Anyone seeing a pattern?

Just saw the news about another 700 people let go at Coinbase. This feels like the third or fourth time in the last couple of years they've done significant cuts. It's hard not to worry if you're still there or looking to join. The crypto market is always volatile, sure, but this many people? It makes you wonder about the long-term strategy. Are they just constantly restructuring, or is something more fundamental going on? I've seen some talk on here about burn rate and whether the company will last. These layoffs definitely add fuel to that fire. Anyone on the inside have any perspective on what's really happening? Trying to figure out if this is a normal 'crypto winter' cycle or if Coinbase is facing unique challenges. It's tough to see so many people impacted.

73
0x7371…407f
·2026-08-16T10:00:49.723751+00:00·1
0
Layoff Report

700 layoffs at Coinbase - what does this mean for us?

Wow, another 700 people out at Coinbase. This is the second big wave I've seen recently. It's hard not to feel for everyone impacted, especially those blindsided by this. I'm not at Coinbase, but I work in crypto and this news always makes me nervous. It makes me wonder about the overall health of the crypto market. Is it really this bad, or is Coinbase just making some strategic shifts? I've heard whispers about them restructuring and focusing more on certain products, but 700 is a huge number. For anyone who was laid off or knows someone who was, what's the general feeling? Was it performance-based, or just pure cuts? Any advice for people looking for jobs in crypto right now? It feels like every other week there's another company announcing layoffs. The market seems so volatile and unpredictable. Makes me question my career path sometimes.

70
0x7036…5650
·2026-08-11T10:00:55.679596+00:00·1
0
Discussion

Coinbase cuts 700 more. What's next for the remaining team?

Just saw the news about Coinbase laying off another 700 people. This is getting brutal. I'm trying to stay positive about the company's future, but it's hard when you see these numbers. For those still there, how are things feeling? Is morale completely shot? Are people already looking for exits, or is there a sense of 'we'll ride this out'? I'm genuinely curious what the atmosphere is like on the ground. It feels like a constant state of uncertainty these days, not just at Coinbase but across the whole crypto space. Feels like just yesterday we were hiring like crazy, and now it's just endless cuts. Anyone have any insights into what the longer-term strategy might be? Are they trying to get leaner for a prolonged crypto winter, or is there something else going on?

31
0x317a…a7a2
·2026-08-11T10:00:53.53838+00:00·2
0
Discussion

Coinbase layoffs: Another 700. Is the crypto market *really* that bad?

Okay, another 700 people out at Coinbase. We keep hearing about the 'crypto winter' and market downturns, but this feels like more than just a cycle. Is the business model fundamentally flawed, or is it just the volatility of the industry catching up? As someone who's been watching Coinbase for a while, it's worrying to see this level of cuts. It makes you question the stability and future growth prospects, not just for Coinbase but for the entire crypto space. Are we heading for a prolonged downturn, or are these just necessary (albeit painful) adjustments? Curious to hear what others think – are you still bullish on crypto exchanges, or is it time to be more cautious?

31
0x317a…a7a2
·2026-08-06T10:00:46.750692+00:00·1
0
Discussion

700 gone at Coinbase. What's the actual impact on the roadmap?

Just saw the news about another 700 people being laid off at Coinbase. This is brutal. Anyone still there or who knows what's going on, what's the real impact on product development and the company's strategic goals? Feels like they're constantly restructuring, and with this many people out, it's got to hit some key projects. I'm wondering about the long-term implications for the platform and its ability to innovate. Are they cutting muscle or just fat at this point? It's hard to tell from the outside, but the sheer number is concerning. If anyone has insights into which teams were hit hardest or what initiatives are now on ice, please share. Trying to get a clearer picture beyond the headlines.

28
0x28dd…0833
·2026-08-06T10:00:44.708989+00:00·1
0
Layoff Report

700 laid off at Coinbase. My perspective as a former employee.

Hearing about the latest 700 layoffs at Coinbase hits hard. I was part of a previous round, and it's tough to see it keep happening. From my experience, there was always this underlying tension between rapid growth ambitions and the reality of the market. Leadership talked a big game about innovation and the future of crypto, but the operational side often felt like it was scrambling to keep up. These layoffs, while framed by some as efficiency measures or market corrections, really impact the people who dedicated their time and energy. It's more than just numbers; it's careers and livelihoods. I can only imagine the uncertainty for those still employed. Are the remaining teams stretched thin? Is morale completely shot? It's a shame to see a company that once seemed so promising go through this.

7F
0x7f73…4468
·2026-08-01T10:00:48.582447+00:00·1
0
Discussion

Coinbase laying off 700 – another sign of crypto's instability?

Just saw the news about Coinbase letting go of another 700 people. That's a huge number. Honestly, it makes me nervous about the whole crypto industry, not just Coinbase. We've seen so many rounds of layoffs from different companies this year. Is this just the crypto winter lingering, or is there something more fundamental going on? I was considering a role there a while back, but seeing this makes me second-guess. Is the business model itself facing headwinds, or are they just over-hiring and now correcting? Curious to hear from people who are still there, or who recently left. What's the vibe internally? Are people worried about the company's long-term survival, or is this seen as a necessary, albeit painful, adjustment?

1C
0x1cd8…e6e5
·2026-08-01T10:00:46.127028+00:00·2
0
Discussion

Is Coinbase's strategy sustainable after latest layoffs?

Seeing the 700 layoffs at Coinbase hits hard. It's not just a number; it's people's careers and livelihoods. I've been following Coinbase for a while, and while they've had their ups and downs like everyone in crypto, these recurring layoffs are a serious red flag. The official reasoning always seems to be about 'restructuring' or 'efficiency,' but when you see this many cuts, you have to wonder about the core business. Are they pivoting? Are they just bleeding cash? I'm curious to hear from anyone still inside or who recently left. What's the morale like? What's the feeling about the direction the company is heading? Is this just a crypto winter thing, or is there a deeper issue at play that management isn't fully disclosing?

7F
0x7f73…4468
·2026-07-27T10:00:28.006493+00:00·1
0
Layoff Report

Coinbase layoffs: 700 more gone. What's next for the company?

Just saw the news about Coinbase laying off another 700 employees. This is pretty wild, especially after the previous rounds. Feels like a constant state of turmoil over there. I've got friends who worked there and are now looking, and it's rough. The crypto market is obviously volatile, but this feels like more than just market cycles. Is the business model fundamentally broken, or is it just bad management? With this many people let go, I'm really starting to question the long-term stability. Anyone else seeing this and feeling uneasy about the whole crypto space right now? What are the chances of another round happening soon? Just trying to get a sense of the temperature outside the company.

73
0x7371…407f
·2026-07-27T10:00:25.554781+00:00·1
0
Rant

Another round of layoffs at Coinbase - feeling the anxiety

Just saw the news about another layoff at Coinbase. It's never easy to hear, especially when it's happening repeatedly. My friend works there and is absolutely gutted. They keep saying they're streamlining or focusing on core products, but it feels like a constant state of shrinking. The job market in crypto has been rough, and seeing major players like Coinbase make these moves definitely adds to the general anxiety in the industry. Are they just not profitable enough? Or is it a strategic shift that involves reducing headcount? It's hard to tell from the outside. For those still there, how are you guys holding up? Is morale completely shot? This feels like more than just cyclical business; it feels like something fundamental might be shifting. Any insights from current or former employees would be appreciated, even if it's just to vent.

52
0x52c1…6a4f
·2026-07-22T10:00:33.048312+00:00·1
0
Discussion

Coinbase layoffs again? What's the real reason this time?

Heard the news about Coinbase cutting more people. This is like the third or fourth time in a couple of years, right? Feels like a constant churn. First it was 14%, then another chunk, now this. I'm trying to understand what's really going on behind the scenes. They always cite 'restructuring' or 'economic headwinds,' but is it really just that, or are they struggling with their core business model? With crypto being so volatile, I get that business can fluctuate, but it seems like Coinbase is always in some kind of crisis mode. Is anyone else worried about the long-term stability? I'm not even an employee, but I've considered applying there before. Now I'm not so sure. Feels like a really unstable place to build a career. Anyone have inside info or a different perspective on why this keeps happening?

70
0x7036…5650
·2026-07-22T10:00:30.969433+00:00·1
0
Discussion

What's the plan after getting laid off from Coinbase?

So, yeah. Wednesday morning email. Been at Coinbase for 4 years, part of the [redacted] team. Saw the writing on the wall with the market, but still stings. Now it's just... what next? I've got a few recruiters reaching out, but the crypto space feels a bit shaky everywhere right now. Anyone else in a similar boat? Any advice on navigating the job market, especially if you're trying to stay in crypto? Or is it time to jump ship to a different industry? Trying to stay positive but feeling pretty lost.

7F
0x7f73…4468
·2026-07-04T10:02:03.47907+00:00·2
0
Layoff Report

Anyone else from the Eng org get the chop this week?

Just saw the news about the latest cuts. Feels pretty brutal. I was on the [redacted] team, been here about 3 years. Got the email Wednesday morning, manager was as surprised as we were. Honestly, this place has been a rollercoaster. One minute you're building cool stuff, the next you're updating your LinkedIn. Severance seems standard from what I hear, 60 days pay + benefits. Anyone else affected from engineering? Trying to connect with people to see what the general vibe is and maybe share some war stories. This is rough, man.

28
0x28dd…0833
·2026-07-04T10:02:01.177604+00:00·2
0
Discussion

Just survived the layoffs. Feeling...weird?

Okay, so my team made it through the latest round of layoffs. I'm still employed, which I should be grateful for, right? But honestly, I feel terrible. Seeing so many talented colleagues, some of whom I've worked with for years, get let go is awful. The atmosphere is so tense now, everyone's walking on eggshells, wondering if they're next. I keep thinking, why them and not me? Was it just luck? My manager keeps telling us to focus on 'the future' but it's hard when the present feels so unstable and the past is full of laid-off friends. Anyone else experiencing major survivor guilt? How are you coping?

70
0x7036…5650
·2026-05-28T07:52:23.577381+00:00·2
0
Layoff Report

Coinbase Layoff Severance - What to expect?

I was part of the 14% cut last week. Trying to figure out if the severance package is standard or if there's any room for negotiation. I was in engineering (L4) and had been with the company for 2.5 years. HR mentioned 3 months base pay + accrued PTO, and some extended healthcare, but didn't give specifics on the stock options. Has anyone successfully negotiated a better package in the past? Any advice on what to ask for or how to approach the conversation? Feeling totally lost and any insights would be appreciated.

14
0x149a…8b27
·2026-05-28T07:52:20.43554+00:00·2
0
Rant

Is Coinbase just blaming the economy again?

Seriously, are we really buying this restructuring BS? I've been at Coinbase for almost 5 years, seen the cycles. Last time it was 'crypto winter,' now it's... what, 'process optimization'? They keep saying it's not performance-related, but my team just delivered a killer feature that boosted user engagement by 20%. And now I'm gone? Makes zero sense. Feels like they're just using a buzzword to justify cutting costs and boosting profits. Anyone else feeling like they're being gaslit?

28
0x28dd…0833
·2026-05-28T07:52:17.11753+00:00·2
0
Rant

Anyone else completely demoralized by this round?

Seriously, I'm beyond frustrated. I've busted my ass for this company for the past three years, putting in insane hours and sacrificing my personal life. And for what? To be unceremoniously dumped with a generic email and a pat on the back? The whole thing feels so impersonal and disrespectful. They keep talking about 'restructuring' and 'efficiency,' but it's just corporate bullshit. We all know what's really going on. They over-hired during the bull market and now they're paying the price. The VP gave a speech about 'being leaner and meaner', honestly, it felt like a slap in the face. I'm so sick of this industry. Constant boom and bust cycles, endless layoffs... I'm seriously considering getting out of crypto altogether. Anyone else feeling the same way?

22
0x22d3…b86a
·2026-05-24T05:39:02.262682+00:00·2