Crypto.com Lays Off 12% of Workforce Citing AI Integration

Cryptocurrency exchange Crypto.com is laying off approximately 12% of its global workforce, with CEO Kris Marszalek stating the job cuts are due to roles that cannot adapt to the company's new strategy of integrating enterprise-wide AI.

20 Mar, 04:33 — 20 Mar, 04:33

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Times of IndiaMostly Factual4d ago

As Crypto.com cuts more than 10% jobs; CEO tells staff that roles can’t adapt to our new world

Crypto.com is laying off approximately 12% of its workforce, with CEO Kris Marszalek citing the integration of enterprise-wide AI as the primary driver. This strategic shift aims to leverage AI tools with top performers for unprecedented scale and precision, as companies failing to adapt face significant challenges.

By TOI TECH DESK

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Crypto.com Lays Off 12% of Workforce Citing AI Integration

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As Crypto.com cuts more than 10% jobs; CEO tells staff that roles can’t adapt to our new world

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