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AI Job Shock: Coinbase, Freshworks Cut 1200 Jobs Now

Coinciding with a dramatic year of 2026, Coinbase and Freshworks have collectively axed around 1200 jobs, and both firms are laser-focusing on artificial intelligence as the reason for the job cuts. The “one-person pod” is a new—and troubling—business paradigm that is emerging in 2026 as tech is adding up layoffs to over 100,000 in the...
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The Workers Rights broke the news on Tuesday, May 12, 2026.
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