Crypto Exchange Coinbase Slows Hiring Amid Market Downturn

Cryptocurrency exchange Coinbase has announced changes to its stuffing plan. After aiming to triple its size earlier this year, the company now thinks it is prudent to slow down and re-evaluate its workforce, contrary to its business goals, given the current market conditions. Coinbase president in a press release on Tuesday

Choi goes on to say that Coinbase has decided to go from strength to strength. He emphasized that the move was part of a business plan that the company had planned, and assured that the changes would not affect its spending outlook for the second quarter and for the full 2022.