How many people has Coinbase laid off?

Coinbase has laid off a total of 2,750 employees across 3 reported layoff rounds. The first tracked event was in June 2022 and the most recent was in May 2026.

Is Coinbase still hiring?

While Coinbase has conducted layoffs, many large companies continue to hire in certain divisions even during restructuring periods. We recommend checking the Coinbase careers page directly and browsing our job board for current openings.

What should I do if I was laid off from Coinbase?

File for unemployment benefits immediately, review your severance agreement, and update your resume. Use our free Resume Builder to create an ATS-optimized resume, check market rates with our Salary Calculator, and explore open positions on our job board. Networking with former colleagues is also valuable — many find new roles through referrals within 3-6 months.

Coinbase Layoffs

Coinbase has laid off 2,750 employees across 3 rounds since 2022.

2,750

Total Laid Off

Rounds

Crypto

Industry

May 2026

Most Recent

Layoff Timeline

May 5, 2026

700 employees(14% of workforce)

Coinbase cut about 700 roles (~14%) as CEO Brian Armstrong restructured the exchange 'for the AI era,' flattening the org to five or fewer layers with no pure managers, and taking a $50–60M charge.

June 6, 2023

950 employees(20% of workforce)

Coinbase executed its second round of major layoffs, cutting 950 employees amid prolonged crypto winter.

June 14, 2022

1,100 employees(18% of workforce)

Coinbase laid off 18% of its workforce as crypto markets crashed and trading volumes collapsed.

Were you affected? Here’s what to do next.

Update Your Resume

Free ATS-optimized resume builder

Check Market Rates

Know your worth before negotiating

Browse Open Jobs

Thousands of active listings

Frequently Asked Questions

Coinbase Layoffs

Coinbase has laid off 2,750 employees across 3 rounds since 2022.

2,750

Total Laid Off

Rounds

Crypto

Industry

May 2026

Most Recent

Layoff Timeline

May 5, 2026

700 employees(14% of workforce)

Coinbase cut about 700 roles (~14%) as CEO Brian Armstrong restructured the exchange 'for the AI era,' flattening the org to five or fewer layers with no pure managers, and taking a $50–60M charge.

June 6, 2023

950 employees(20% of workforce)

Coinbase executed its second round of major layoffs, cutting 950 employees amid prolonged crypto winter.

June 14, 2022

1,100 employees(18% of workforce)

Coinbase laid off 18% of its workforce as crypto markets crashed and trading volumes collapsed.

Were you affected? Here’s what to do next.

Update Your Resume

Free ATS-optimized resume builder

Check Market Rates

Know your worth before negotiating

Browse Open Jobs

Thousands of active listings

Coinbase Layoffs

Layoff Timeline

Were you affected? Here’s what to do next.

Frequently Asked Questions

Related job searches

Coinbase Layoffs

Layoff Timeline

Were you affected? Here’s what to do next.

Frequently Asked Questions

Related job searches