{"id":1094480,"date":"2023-01-10T10:00:00","date_gmt":"2023-01-10T15:00:00","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1094480"},"modified":"2023-01-10T10:00:00","modified_gmt":"2023-01-10T15:00:00","slug":"coinbase-lays-off-20-of-staff-warns-of-further-contagion-in-crypto","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1094480","title":{"rendered":"Coinbase Lays Off 20% of Staff, Warns of \u2018Further Contagion\u2019 in Crypto"},"content":{"rendered":"<p><img decoding=\"async\" class=\"type:primaryImage\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/01\/512781d788591801a585c5ae048755c9.jpg\" \/><\/p>\n<p>Coinbase announced on Tuesday that it would lay off 20% of its employees\u2014950 people out of an estimated 4,700\u2014in an effort to significantly reduce its operating expenses. It\u2019s the company\u2019s second large round of layoffs in less than a year. In June, Coinbase laid off <a href=\"https:\/\/gizmodo.com\/coinbase-lay-offs-crypto-bitcoin-1849057861\">1,100 employees<\/a>. <\/p>\n<p><a href=\"https:\/\/gizmodo.com\/coinbase-bitcoin-price-layoffs-crypto-further-contagion-1849968887\">Read more&#8230;<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Gizmodo &#8211; <a href=\"https:\/\/gizmodo.com\/coinbase-bitcoin-price-layoffs-crypto-further-contagion-1849968887\" target=\"_blank\" rel=\"noopener\">Coinbase Lays Off 20% of Staff, Warns of \u2018Further Contagion\u2019 in Crypto<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase announced on Tuesday that it would lay off 20% of its employees\u2014950 people out of an estimated 4,700\u2014in an effort to significantly reduce its operating expenses. It\u2019s the company\u2019s second large round of layoffs in less than a year. &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1094480\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1094481,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[105,110],"tags":[104],"class_list":["post-1094480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gizmodo","category-unfiltered-rss","tag-gizmodo"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1094480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1094480"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1094480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1094481"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1094480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1094480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1094480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}