CNBC May 05, 2026 β€’ 16:26

After Coinbase, prediction market traders forecast more tech layoffs ahead - CNBC

By Davis Giangiulio

After Coinbase, prediction market traders forecast more tech layoffs ahead - CNBC

Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.

Coinbase became the latest tech company to announce a round of layoffs Tuesday morning, blaming artificial intelligence for altering the company's operations. Prediction markets traders think the fin… [+1805 chars]

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