vanderlei

[Brian Armstrong @brian_armstrong]

This is an email I sent earlier today to all employees at Coinbase:

Team,

Today I’ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it means for those affected, and how this positions us for the future.

Why now
Two forces are converging at the same time. We need to be front footed to respond to both.

First, the market. Coinbase is well-capitalized, has diversified revenue streams, and is well-positioned to weather any storm. Crypto is also on the verge of the next wave of adoption, with stablecoins, prediction markets, tokenization, and more taking off. However, our business is still volatile from quarter to quarter. While we've managed through that cyclicality many times before and come out stronger on the other side, we’re currently in a down market and need to adjust our cost structure now so that we emerge from this period leaner, faster, and more efficient for our next phase of growth.

Second, AI is changing how we work. Over the past year, I’ve watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code and many of our workflows are being automated. The pace of what's possible with a small, focused team has changed dramatically, and it's accelerating every day.

All of this has led us to an inflection point, not just for Coinbase, but for every company. The biggest risk now is not taking action. We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native. We need to return to the speed and focus of our startup founding, with AI at our core.

What this means
To get there, we are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate: rebuilding Coinbase as an intelligence, with humans around the edge aligning it. What does this mean in practice?

- Fewer layers, faster decisions: We are flattening our org structure to 5 layers max below CEO/COO. Layers slow things down and create coordination tax. The future is small, high context teams that can move quickly. Leaders will own much more, with as many as 15+ direct reports. Fewer layers also means a leaner cost structure that is built to perform through all market cycles.

- No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams.

- AI-native pods: We’ll be concentrating around AI-native talent who can manage fleets of agents to drive outsized impact. We’ll also be experimenting with reduced pod sizes, including “one person teams” with engineers, designers, and product managers all in one role.

In short: AI is bringing a profound shift in how companies operate, and we’re reshaping Coinbase to lead in this new era. This is a new way of working, and we need to leverage AI across every facet of our jobs.

To those who are affected
I know there are real people behind these decisions — talented colleagues who have poured themselves into this company and our mission. To those of you who will be leaving: thank you. You’ve helped build Coinbase into what it is today, and I am sincerely grateful for everything you've done.

All impacted team members will receive an email to their personal account in the next hour with more information, and an invitation to meet with an HRBP and a senior leader in your organization. Coinbase system access has been removed today. I know this feels sudden and harsh, but it is the only responsible choice given our duty to protect customer information.

To those affected, we will be providing a comprehensive package to support you through this transition. US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA. Employees on a work visa will get extra transition support. Those outside of the US will receive similar support, based on local factors and subject to any consultation requirements.

Coinbase prides itself on talent density. Our employees are among the most talented people in the world, and I have no doubt that your skills and experience will be highly sought after as you pursue your next chapters.

How we move forward
To the team that is staying, I know this is a difficult day. We’re saying goodbye to colleagues and friends you've been in the trenches with. But here’s what I want you to know as we move forward together:

Over the past 13 years, we have weathered four crypto winters, gone public, and built the most trusted platform in our industry. We’ve made it this far by making hard decisions and by always staying focused on our mission. This time will be no different – nothing has changed about the long term outlook of our company or industry. And most importantly, our mission has never been more important for the world. Increasing economic freedom requires a new financial system, and we’re building it.

The Coinbase that emerges from this will be more capable than ever to achieve our mission.

Brian

[Paulo de Tarso @paulodetarsog]

Jamais esqueceremos de todos os que obrigaram o povo brasileiro a ser cobaia deste experimento.

[SPACE LIBERDADE  @NewsLiberdade]

🚨URGENTE - Justiça determina que redes sociais derrubem posts que associam irmão de Lula a descontos indevidos no INSS

[vanderlei @vanderlei]

@Prof_leonelfer 3974

[SPACE LIBERDADE  @NewsLiberdade]

🚨URGENTE - Trump leva Erika Kirk ao Salão Oval e assina uma proclamação marcando hoje - 14 de outubro, seu aniversário - como o Dia Nacional da Memória de Charlie Kirk

[Ana Paula Henkel @anapaulahenkel]

🚨🇺🇸 BREAKING NEWS: Trump anuncia CESSAR-FOGO entre Irã e Israel.

"𝑃𝐴𝑅𝐴𝐵𝐸́𝑁𝑆 𝐴 𝑇𝑂𝐷𝑂𝑆! 𝐹𝑜𝑖 𝑝𝑙𝑒𝑛𝑎𝑚𝑒𝑛𝑡𝑒 𝑎𝑐𝑜𝑟𝑑𝑎𝑑𝑜 𝑒𝑛𝑡𝑟𝑒 𝐼𝑠𝑟𝑎𝑒𝑙 𝑒 𝐼𝑟𝑎̃ 𝑞𝑢𝑒 ℎ𝑎𝑣𝑒𝑟𝑎́ 𝑢𝑚 𝐶𝐸𝑆𝑆𝐴𝑅-𝐹𝑂𝐺𝑂 𝑐𝑜𝑚𝑝𝑙𝑒𝑡𝑜 𝑒 𝑡𝑜𝑡𝑎𝑙 (𝑒𝑚 𝑎𝑝𝑟𝑜𝑥𝑖𝑚𝑎𝑑𝑎𝑚𝑒𝑛𝑡𝑒 6 ℎ𝑜𝑟𝑎𝑠 𝑎 𝑝𝑎𝑟𝑡𝑖��� 𝑑𝑒 𝑎𝑔𝑜𝑟𝑎, 𝑞𝑢𝑎𝑛𝑑𝑜 𝐼𝑠𝑟𝑎𝑒𝑙 𝑒 𝐼𝑟𝑎̃ 𝑡𝑖𝑣𝑒𝑟𝑒𝑚 𝑠𝑒 𝑎𝑐𝑎𝑙𝑚𝑎𝑑𝑜 𝑒 𝑐𝑜𝑛𝑐𝑙𝑢𝑖́𝑑𝑜 𝑠𝑢𝑎𝑠 𝑚𝑖𝑠𝑠𝑜̃𝑒𝑠 𝑓𝑖𝑛𝑎𝑖𝑠 𝑒𝑚 𝑎𝑛𝑑𝑎𝑚𝑒𝑛𝑡𝑜!), 𝑝𝑜𝑟 12 ℎ𝑜𝑟𝑎𝑠, 𝑚𝑜𝑚𝑒𝑛𝑡𝑜 𝑒𝑚 𝑞𝑢𝑒 𝑎 𝑔𝑢𝑒𝑟𝑟𝑎 𝑠𝑒𝑟𝑎́ 𝑐𝑜𝑛𝑠𝑖𝑑𝑒𝑟𝑎𝑑𝑎 𝐸𝑁𝐶𝐸𝑅𝑅𝐴𝐷𝐴! 𝑂𝑓𝑖𝑐𝑖𝑎𝑙𝑚𝑒𝑛𝑡𝑒, 𝑜 𝐼𝑟𝑎̃ 𝑖𝑛𝑖𝑐𝑖𝑎𝑟𝑎́ 𝑜 𝐶𝐸𝑆𝑆𝐴𝑅-𝐹𝑂𝐺𝑂 𝑒, 𝑛𝑎 12ª ℎ𝑜𝑟𝑎, 𝐼𝑠𝑟𝑎𝑒𝑙 𝑖𝑛𝑖𝑐𝑖𝑎𝑟𝑎́ 𝑜 𝐶𝐸𝑆𝑆𝐴𝑅-𝐹𝑂𝐺𝑂 𝑒, 𝑛𝑎 24ª ℎ𝑜𝑟𝑎, 𝑜 𝐹𝐼𝑀 𝑂𝑓𝑖𝑐𝑖𝑎𝑙 𝑑𝑎 𝐺𝑈𝐸𝑅𝑅𝐴 𝐷𝐸 12 𝐷𝐼𝐴𝑆 𝑠𝑒𝑟𝑎́ 𝑠𝑎𝑢𝑑𝑎𝑑𝑜 𝑝𝑒𝑙𝑜 𝑚𝑢𝑛𝑑𝑜. 𝐷𝑢𝑟𝑎𝑛𝑡𝑒 𝑐𝑎𝑑𝑎 𝐶𝐸𝑆𝑆𝐴𝑅-𝐹𝑂𝐺𝑂, 𝑜 𝑜𝑢𝑡𝑟𝑜 𝑙𝑎𝑑𝑜 𝑝𝑒𝑟𝑚𝑎𝑛𝑒𝑐𝑒𝑟𝑎́ 𝑃𝐴𝐶𝐼́𝐹𝐼𝐶𝑂 𝑒 𝑅𝐸𝑆𝑃𝐸𝐼𝑇𝑂𝑆𝑂. 𝑃𝑎𝑟𝑡𝑖𝑛𝑑𝑜 𝑑𝑜 𝑝𝑟𝑖𝑛𝑐𝑖́𝑝𝑖𝑜 𝑑𝑒 𝑞𝑢𝑒 𝑡𝑢𝑑𝑜 𝑓𝑢𝑛𝑐𝑖𝑜𝑛𝑎𝑟𝑎́ 𝑐𝑜𝑚𝑜 𝑑𝑒𝑣𝑒𝑟𝑖𝑎, 𝑜 𝑞𝑢𝑒 𝑓𝑢𝑛𝑐𝑖𝑜𝑛𝑎𝑟𝑎́, 𝑔𝑜𝑠𝑡𝑎𝑟𝑖𝑎 𝑑𝑒 𝑝𝑎𝑟𝑎𝑏𝑒𝑛𝑖𝑧𝑎𝑟 𝑎𝑚𝑏𝑜𝑠 𝑜𝑠 𝑝𝑎𝑖́𝑠𝑒𝑠, 𝐼𝑠𝑟𝑎𝑒𝑙 𝑒 𝐼𝑟𝑎̃, 𝑝𝑜𝑟 𝑡𝑒𝑟𝑒𝑚 𝑎 𝑅𝑒𝑠𝑖𝑠𝑡𝑒̂𝑛𝑐𝑖𝑎, 𝑎 𝐶𝑜𝑟𝑎𝑔𝑒𝑚 𝑒 𝑎 𝐼𝑛𝑡𝑒𝑙𝑖𝑔𝑒̂𝑛𝑐𝑖𝑎 𝑝𝑎𝑟𝑎 𝑒𝑛𝑐𝑒𝑟𝑟𝑎𝑟 𝑜 𝑞𝑢𝑒 𝑑𝑒𝑣𝑒𝑟𝑖𝑎 𝑠𝑒𝑟 𝑐ℎ𝑎𝑚𝑎𝑑𝑜 𝑑𝑒 "𝐴 𝐺𝑈𝐸𝑅𝑅𝐴 𝐷𝐸 12 𝐷𝐼𝐴���". 𝐸𝑠𝑡𝑎 𝑒́ 𝑢𝑚𝑎 𝑔𝑢𝑒𝑟𝑟𝑎 𝑞𝑢𝑒 ��𝑜𝑑𝑒𝑟𝑖𝑎 𝑡𝑒𝑟 𝑑𝑢𝑟𝑎𝑑𝑜 𝑎𝑛𝑜𝑠 𝑒 𝑑𝑒𝑠𝑡𝑟𝑢𝑖́𝑑𝑜 𝑡𝑜𝑑𝑜 𝑜 𝑂𝑟𝑖𝑒𝑛𝑡𝑒 𝑀𝑒́𝑑𝑖𝑜, 𝑚𝑎𝑠 𝑛𝑎̃𝑜 𝑑𝑒𝑠𝑡𝑟𝑢𝑖𝑢 𝑒 𝑛𝑢𝑛𝑐𝑎 𝑑𝑒𝑠𝑡𝑟𝑢𝑖𝑟𝑎́! 𝐷𝑒𝑢𝑠 𝑎𝑏𝑒𝑛𝑐̧𝑜𝑒 𝐼𝑠𝑟𝑎𝑒𝑙, 𝐷𝑒𝑢𝑠 𝑎𝑏𝑒𝑛𝑐̧𝑜𝑒 𝑜 𝐼𝑟𝑎̃, 𝐷𝑒𝑢𝑠 𝑎𝑏𝑒𝑛𝑐̧𝑜𝑒 𝑜 𝑂𝑟𝑖𝑒𝑛𝑡𝑒 𝑀𝑒́𝑑𝑖𝑜, 𝐷𝑒𝑢𝑠 𝑎𝑏𝑒𝑛𝑐̧𝑜𝑒 𝑜𝑠 𝐸𝑠𝑡𝑎𝑑𝑜𝑠 𝑈𝑛𝑖𝑑𝑜𝑠 𝑑𝑎 𝐴𝑚𝑒́𝑟𝑖𝑐𝑎 𝑒 𝐷𝐸𝑈𝑆 𝐴𝐵𝐸𝑁𝐶̧𝑂𝐸 𝑂 𝑀𝑈𝑁𝐷𝑂!

𝐷𝑂𝑁𝐴𝐿𝐷 𝐽. 𝑇𝑅𝑈𝑀𝑃,
𝑃𝑅𝐸𝑆𝐼𝐷𝐸𝑁𝑇𝐸 𝐷𝑂𝑆 𝐸𝑆𝑇𝐴𝐷𝑂𝑆 𝑈𝑁𝐼𝐷𝑂𝑆 𝐷𝐴 𝐴𝑀𝐸́𝑅𝐼𝐶𝐴"

🦅

[Allan Dos Santos @allanconta5]

O DOSSIÊ COMPLETO COM TODOS OS LINKS E MAIS DE 30 PÁGINAS DE DOCUMENTOS ESTÁ NO SITE https://t.co/WHKbd7nAO3

[Major Mecca @MajorMecca]

Pix sob investigação.
Rombo bilionário? Sem pistas.
No Brasil, o critério é quem, não quanto.

[Gustavo Gayer @GayerGus]

Me pergunto - e é só uma dúvida, hein - se estamos diante da criação de uma nova modalidade de crime sem previsão no Código Penal, o “crime por sucessão”, quando filhos são atingidos por acusações (e indevidas) contra seus pais…

[Deltan Dallagnol @deltanmd]

🫢 Tentaram me calar e veja o que aconteceu!

[Nanibarbosa @RosaneBonoro]

Um STF que envergonha.

[Silvana 🇧🇷🇮🇱🇺🇲 @Silvanahb1x]

Já alertava

[Paulo Figueiredo (8) @pfigueiredo08]

Finalmente...

[Valeria Bernardo @ValeriaBnews]

O STF derrubou a decisão de 315 deputados!

Acabou, senhores!

Na Venezuela foi exatamente assim!

[vanderlei @vanderlei]

Pavanatto tenta ajudar Erika Hilton https://t.co/5MkXUMjI4t via @YouTube

[vanderlei @vanderlei]

CRAZY LIBERAL Tries To Get 'Charlie Kirk' BANNED! #shorts #charliekirk #... https://t.co/oOmXdPxsWX via @YouTube

[Rafael Gloves @rafaelgloves]

HAHAHHAAHAHHAHAAAHAHAHAHAHAHHAHAHAHAHAHAAHAHHAHAHAHHAHAHAHAHAHAHAHAHHAHBA