Coinbase slows hiring to help weather market downturn
Cryptocurrency exchange Coinbase has reined in a plan to triple its headcount this year in response to turbulent market conditions. Emilie Choi, Coinbase’s president and chief operating officer, said in a blog post on Tuesday that the firm would be slowing hiring to “reprioritize our hiring needs against our highest-priority business goals.” The note had been circulated among staff earlier. “Heading into this year, we planned to triple the size of the company. Given current market conditions, we feel it’s …