Coinbase COO says the company intends lay-offs to be a 'one-time' event

Coinbase president and COO Emilie Choi speaks to CNBC’s Kate Rooney about the company’s job cuts in the wake of the latest crypto sell-off. The company is cutting 18% of its workforce, which comes after it recently rescinded job offers to cut costs. For access to live and exclusive video from CNBC subscribe to CNBC PRO: 

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