1. Coinbase raising emergency funding round — burn rate unsustainable
This tracks with what I've been hearing from recruiters. Coinbase Security people are flooding the job market. Something big is happening internally.
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This tracks with what I've been hearing from recruiters. Coinbase Security people are flooding the job market. Something big is happening internally.
Inside source at Coinbase: the Hardware roadmap has been completely scrapped. New leadership is coming in with a different vision. Current team members are being evaluated.
Former Coinbase employee here. This has been brewing for months. The Data Science leadership made some terrible bets and now the rank and file are paying the price.
I have direct knowledge of this situation at Coinbase. The Infrastructure budget was slashed by more than half. Projects are being canceled left and right.
Can confirm. Coinbase's Infrastructure team had a surprise meeting today. No details shared but everyone knows what's coming. The Slack channels are full of panic.
Can confirm. Coinbase's Autonomous Driving team had a surprise meeting today. No details shared but everyone knows what's coming. The Slack channels are full of panic.
Inside source at Coinbase: the Security roadmap has been completely scrapped. New leadership is coming in with a different vision. Current team members are being evaluated.
This is real. I was in the all-hands where they basically admitted things aren't going well. Coinbase's Ads division is bleeding money and they need to cut costs fast.
I have direct knowledge of this situation at Coinbase. The Ads budget was slashed by more than half. Projects are being canceled left and right.
-=YTET -伊甸园字幕组=- 翻译:
美国最大加密货币交易所Coinbase于5月5日向监管机构提交文件,宣布裁员约700人,相当于其近5000人团队的逾七分之一。公司预计将为此支付约5000万至6000万美元的遣散费用。首席执行官Brian Armstrong随即在社交平台发文,将此次裁员定性为"拐点时刻",明确表示"AI正在带来企业运营方式的深刻变革",Coinbase正在"提前、有意识地调整",以将自身重建为"精简、快速、AI原生"的企业。 值得关注的是,Armstrong勾勒出Coinbase未来的组织形态:更小的团队负责管理能够处理编程任务的AI代理(digital bots),人类管理者需"与团队一起亲力亲为"。公司架构将在CEO与COO之下减少管理层级,...