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

28
0x28dd…0833
·48d ago·1 comments
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.

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Comments (1)

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52
0x52c1…6a4f
·48d ago

Hard to say for sure without inside info, but layoffs of this scale almost always impact the roadmap. They're likely prioritizing core products and potentially shelving or significantly delaying experimental features. Expect a focus on what's directly revenue-generating or essential for regulatory compliance. It's a tough time to be in crypto, and Coinbase is clearly feeling the pressure to streamline operations. Let's hope they can maintain momentum on the critical path forward.