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Crypto.com Lays Off 12% of Workforce Due to AI Integration

Cryptocurrency exchange Crypto.com has confirmed a 12% reduction in its global workforce, with CEO Kris Marszalek stating the layoffs are for roles that 'do not adapt in our new world' as the company integrates enterprise-wide AI.

19 Mar, 14:15 — 19 Mar, 16:17
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Low (19/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread1/5 buckets covered0/33
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Geographic diversity1 region4/34
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Only 2 sources cover this story