Crypto.com is reducing its workforce by approximately 12%, equating to around 180 employees, as it integrates AI for greater efficiency. CEO Kris Marszalek emphasized the necessity of adopting AI to avoid being left behind.
The Singapore-based crypto exchange is joining a trend of companies downsizing while focusing on automation. A spokesperson stated that the workforce reduction is part of a strategy to prioritize resources in key growth areas. CEO Kris Marszalek warned that companies that do not adopt AI will fail, asserting that immediate action is essential for achieving unprecedented scale and precision.