
Crypto.com Lays Off 12% of Workforce, Citing 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.
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Crypto.com lays off 12% of workforce in latest company to cite AI in job cuts
CEO Kris Marszalek said the layoffs were in "roles that do not adapt in our new world" as the company integrates enterprise-wide AI.
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