BitGo Cuts 15% of Staff Amid Shift to AI and Stablecoins

BitGo, a leading crypto infrastructure firm, is undergoing a major restructuring. The company announced it will lay off nearly 15% of its staff, affecting an estimated 85 to 90 employees.

This workforce reduction comes as part of a strategic overhaul aimed at sharpening the focus on key growth areas such as security, trading, stablecoins, settlement, and AI-powered infrastructure.

The decision reflects a broader trend across the crypto and technology sectors. Over 5,000 crypto jobs have been eliminated in 2026 as companies seek efficiencies through AI and respond to challenging market conditions.