Friday, 24 March, 2023

Coinbase prolongs hiring freeze, cancels accepted offers

<p>Today, Coinbase stated that it will prolong its hiring freeze and rescind some accepted job offers. The company started slowly hiring two weeks ago, but this is a bigger step. &quot;This is not a choice we take lightly,&quot; Chief People Officer L.J. Brock wrote, &quot;but it is vital to guarantee we are only developing in the highest-priority sectors.&quot; A $430 million loss was recorded by the third-largest crypto exchange by volume.</p>