Tue, 21-Oct-2025

Goldman Sachs indicates more job losses loom at Coinbase

Goldman Sachs

Coinbase recently unveiled a business overhaul and laid off 18 percent of its workforce.  The exchange also rescinded existing job offers to would-be new starters.  First-quarter earnings revealed $430mn in net losses. Goldman Sachs: “Coinbase will need to make substantial reductions”. Goldman Sachs has hinted that Coinbase may face additional layoffs as a result of … Read more

Energy industry warns windfall tax will cause job losses

The energy industry has warned that a windfall tax will result in job losses. Deirdre Michie, chief executive of Offshore Energies UK, which represents the offshore oil and gas industry, said the consequences of a windfall tax, which was announced today, are “very worrying” their supply chain. “That will directly impact manufacturing in this country,” … Read more