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Home/Companies/Crypto/Coinbase
C
United States
Crypto

Coinbase layoffs, tracked in full.

Coinbase has cut 2,810 jobs across 4 tracked rounds since 2020. The most recent round was announced May 5, 2026, affecting 700 employees.

Last verified May 5, 2026|See methodology
At a glance
2,810
people laid off since 2020
Rounds
4
tracked
Industry share
18.1%
of Crypto cuts
Largest round
1,100
Jun 14, 2022
Most recent
May 5, 2026
700 cut
Total since 2020
All time
2,810
Across 4 rounds
Most recent round
May 5, 2026
700
Coinbase to cut about 700 jobs (14% of workforce)
Layoff rounds
Tracked
4
Jun 14, 2022 — May 5, 2026
Industry share
Cumulative
18.1%
of all Crypto cuts
Complete timeline · 4 verified rounds

Every Coinbase layoff, documented.

Date
Event
Headcount
Location
Severity
Source
May 52026
Coinbase to cut about 700 jobs (14% of workforce)
Coinbase announced it will reduce its global workforce by approximately 14%, resulting in about 700 job cuts. The restructuring is driven by AI integration and a need to reduce costs during crypto market volatility.
700
14.0% of total
—
Moderate
reuters.com ↗
Jan 102023
Coinbase Layoffs — 2023-01-10
950
20.0% of total
SF Bay Area
US
High
cnbc.com ↗
Nov 102022
Coinbase Layoffs — 2022-11-10
60
SF Bay Area
US
Low
theinformation.com ↗
Jun 142022
Coinbase Layoffs — 2022-06-14
1,100
18.0% of total
SF Bay Area
US
High
cnbc.com ↗
By geography

Where the cuts landed, city by city.

  1. #01
    SF Bay Area
    3 ROUNDS · US
    2,110
Country breakdown
100% of cuts in United States
United States
2,110
Frequently asked

Questions about Coinbase layoffs.

How many people has Coinbase laid off since 2020?+
Our dataset tracks 2,810 job cuts across 4 layoff rounds at Coinbase since January 2020. All rounds are cross-referenced against WARN Act filings, SEC disclosures, and verified news reports.
When were Coinbase's most recent layoffs?+
Coinbase's most recent tracked layoffs were announced on May 5, 2026. Scroll up to the timeline for the full round-by-round history.
What percentage of Coinbase's workforce has been laid off?+
An exact workforce percentage isn't available for Coinbase — we don't have a confirmed peak headcount figure. The total cut figure above reflects all verified rounds in our dataset.
Which teams were affected by Coinbase layoffs?+
Team-level data for Coinbase is limited in our current dataset. Where available, division breakdowns are shown above.
Where does Coinbase layoff data come from?+
Our data combines WARN Act government filings (mandatory for US employers cutting 50+ workers with 60-day notice), SEC 8-K corporate disclosures, and verified news reports. Each event is assigned a verification tier. See our methodology for full standards.
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