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Coinbase layoffs: Crypto exchange to sack more employees in fresh round of job cuts amid FTX saga

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Leading crypto exchange Coinbase will lay off more employees soon in a fresh round of job cuts, as the world of crypto faces another existential threat after the FTX collapse, the media reported. The layoffs were announced internally and the company is likely to sack around 60 employees in its recruiting and institutional onboarding teams, reports The Information.