Coinbase lays off nearly 700 workers in 'AI-native' restructuring

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https://www.engadget.com/2165157/coinbase-lays-off-nearly-700-workers-in-ai-native-restructuring/

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Coorperate translation: we hired too many people and now out bussiness had a small downturn so we are firing people and pretending it has something to do with AI.


Armstrong claimed he’d seen… non-technical teams in the company are “shipping production code”

Oh yeah, that sounds good.


Looool oh the Find Out period on these is gonna be real funny


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