Coinbase, the largest exchange in the US, confirmed that it cut a handful of remote customer support staff. Sources told Yahoo Finance that it was 15 people, which is approximately 3% of the company's 550 employees. Later Friday, the Yahoo story was updated to include more information. Specifically, the cuts included staff in compliance and fraud departments. Tina Bhatnagar, who was hired in January to head customer service, reportedly wants staff to centralize in Coinbase’s offices in San Francisco, New York, Chicago, London, Tokyo, Portland and Dublin. Some of the remote staff was offered to relocate to a Coinbase office. (Source: Yahoo)
The story has been updated from its original form.
With assistance from Frank Chaparro.