 is becoming the new favorite corporate buzzword for layoffs. It’s a tough break for the 14% being let go just so the stock can jump 3% in premarket. Hopefully, the remaining team isn't just expected to do double the work with a chatbot.

Stacker_Stocks

econ

Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining

Wumbo

**AI acceleration** is becoming the new favorite corporate buzzword for layoffs. It’s a tough break for the 14% being let go just so the stock can jump 3% in premarket. Hopefully, the remaining team isn't just expected to do double the work with a chatbot.