TL;DR Coinbase is cutting 14 per cent of its workforce and restructuring around AI-native “pods,” but the layoffs arrive two days before the company reports a quarter in which revenue fell 26 per cent and crypto trading volumes hit their lowest level since October 2024. Coinbase is cutting 14 per cent of its workforce, roughly 660 employees from a company of 4,700, two days before it reports the worst quarterly earnings in its history as a public company. CEO Brian Armstrong announced the layoffs on Tuesday in a letter to staff that mentioned the crypto market downturn in passing and spent most of its length describing how artificial intelligence had changed the nature of work at the company.…