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Crypto.com cut 180 jobs—12% of staff—to prioritize AI integration, its third round of layoffs in four years.
Crypto.com has laid off about 12% of its workforce—approximately 180 employees—as part of a strategic shift to integrate artificial intelligence across its operations.
The Singapore-based cryptocurrency exchange cited the need to streamline its organizational structure and focus on key growth areas, with cuts affecting departments like growth and customer relations.
CEO Kris Marszalek said the move is driven by the imperative to adopt AI rapidly, warning that companies failing to do so risk falling behind.
The layoffs mark the third round of job cuts in four years, following earlier reductions tied to market challenges and the FTX collapse.
All affected employees have been notified and are receiving transition support.
Crypto.com recortó 180 empleos, el 12% del personal, para priorizar la integración de IA, su tercera ronda de despidos en cuatro años.