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Coinbase didn't just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches' and turned its org chart upside down FortuneAfter Coinbase, prediction market traders forecast more tech layoffs ahead CNBCCrypto exchange Coinbase plans to cut 700 jobs, citing 'market conditions' amid restructuring for 'AI era' Yahoo FinanceTiny teams, no 'pure managers,' and AI: Coinb
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Many in the investment community were reassured by Abel's firm grasp over Berkshire's sprawling enterprise.
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Simon Sadler of Segantii Capital faces criminal charges over alleged insider trading of clothing retailer Esprit
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The figure is higher than consensus estimates for 57,000 jobs gained in April, according to analysts polled by FactSet.
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