A crypto currency boss this week informed employees in an early morning email that around 700 jobs will be cut as the company restructures around artificial intelligence. Coinbase chief executive Brian Armstrong shortly before 7am on Tuesday, May 5, shared a memo on social media telling staff the cuts were necessary as AI reshapes the industry . About 14 percent of the company's workforce will be made redundant. "This is an email I sent earlier today to all employees at Coinbase : Team, Today I’