He said the company will reduce management layers and downsize teams to just one person in its push for an 'AI-native' workforce.

Coinbase CEO Brian Armstrong announces a 14% workforce reduction, citing AI's transformative impact on operations and the need for a leaner company structure.

The stock market spent much of the past two years celebrating artificial intelligence as the next great productivity boom.

Brian Armstrong believes inaction in the AI era poses massive risks. If you still believe AI does not pose a risk to jobs worldwide, maybe a letter from Coinbase CEO Brian Armstrong to employees about ...