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UPCOMING · ESTIMATEDPublished Jan 27, 2026

Company Plans 758 Layoffs at Fort Irwin Facility

EMPLOYEES AFFECTED
758
PLANNED DATE
Not disclosed

What we know

Location: Fort Irwin.

A specific layoff date has not been disclosed.

Based on news reporting.

Summary

Company, a formerly San Francisco-headquartered crypto giant, has announced plans to lay off 700 workers as part of a strategic shift towards artificial intelligence. This decision reflects the company's ongoing transformation and adaptation to new market demands. The layoffs are part of a broader trend in the tech industry, where companies are increasingly focusing on AI capabilities. While specific details about the timing and locations of the layoffs were not disclosed, the move underscores the challenges faced by the company in the current economic landscape.

Company cut 758 jobs.

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SOURCE
News reporting
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Estimated figure based on news reporting. Not yet confirmed by Company.

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CREATED JAN 27, 2026LAST UPDATED JUL 4, 2026