Robots & Artificial IntelligenceBillionaire CEO’s early morning email told staff he was sacking one in seven of them to make way for AI Posted on June 3, 2026 by Administrator A billionaire crypto boss told hundreds of workers they were being sacked in a blunt early morning email that warned artificial intelligence had changed work forever. Brian Armstrong, co-founder of cryptocurrency exchange Coinbase, posted a copy of the message on social media at 6.55am on Tuesday morning. Armstrong wrote that the company would cut 14 percent of its workforce, affecting roughly 700 people, blaming AI and the pressing need to change the company’s culture.
