May 5, 2026

Coinbase layoff.

PublicTechAI: Cited — replacement

Affected

700

Share of workforce

0.14%

Announced

May 5, 2026

The count

For the people in it

The day after.

Your rights in this state

The federal WARN Act covers employers with 100 or more full-time workers. It requires 60 days' written notice before a plant closing that affects 50 or more workers at one site, or a mass layoff of 500 or more workers (or 50 to 499 when that is at least a third of the site).

Federal WARN (100+ employees, 60 days' notice) is the only rule we can confirm for this state.

This is an editorial summary, not legal advice.

WARN filed
—
Notice date
—
Separation date
—
Notice given
—

The package, as reported

Severance base
16 weeks
Per year of service
2 weeks
Benefits continued
6 months
Equity
—
Outplacement
—

How it was done

Delivery
—
Timing
—
Roles affected
—

If you were in this cohort.

  1. 01

    File for unemployment the week you're separated — not when the severance runs out.

  2. 02

    Check your notice date against the 60-day federal WARN rule.

  3. 03

    Find out whether your COBRA window starts when benefits end or on your separation date.

Read The First 72 Hours →

Evidence

Seeded 2026-09-28 from public reporting; classified by how the employer explained itself: Cited — replacement

Sources for this event: news, www.fastcompany.com. All Coinbase records · Report a correction