Major cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) plans to extend its hiring freeze and rescind a number of accepted job offers.
What Happened: In a blog published on Thursday, the company said that it has become evident it needs to “take more stringent measures” to slow its headcount growth.
Coinbase said it intends to pause hiring for the foreseeable future or as long as the current macro environment requires.
See Also: HOW DOES COINBASE MAKE MONEY?
The company also said …
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