Beaten-down crypto broker Coinbase Global said on 10 January that it would lay off around 950 employees as it confirmed a painful 2022 loss of as much as $500m.
Shares in Coinbase fell 4.5% in US pre-market trading following the news.
Cryptocurrency
Coinbase plans to lay off 950 employees amid $500m loss
Shares in Coinbase fell 4.5% in US premarket trading following the news
