Cryptocurrency trading platform Crypto.com lays off 12% of staff; the latest in a wave of tech company layoffs as AI is integrated ...

"We are joining the list of companies integrating enterprise-wide AI," Crypto.com's CEO wrote, saying companies must "move immediately" on AI.

Crypto firms have laid off hundreds of employees so far this year. They broadly attribute the cuts to AI. It’s unclear if ...

CEO Kris Marszalek said the layoffs were in "roles that do not adapt in our new world" as the company integrates enterprise-wide AI.

The cuts come as the exchange integrates AI across its business, with CEO Kris Marszalek warning slow adopters “will be left ...

“We are joining the list of companies integrating enterprise-wide AI. Companies that do not make this pivot immediately will fail," said CEO Kris Marszalek ...

Layoffs continue in the tech sector as companies like Meta and Crypto.com cut jobs to adapt to AI-driven changes. This year, ...

Digital assets trading platform Crypto.com has undertaken a substantial workforce adjustment, eliminating approximately 12 percent of its positions.

The crypto exchange believes that laying off employees will better help it prioritize resources and drive efficiency.

Crypto.com cuts 12% of its workforce as it shifts toward AI, joining a wider trend of layoffs across crypto firms adjusting.

Washington is quietly opening the door for crypto.