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Crypto.com cuts 12% jobs, bets big on AI

The post Crypto.com cuts 12% jobs, bets big on AI appeared first on Coinpedia Fintech News

Crypto.Com has laid off about 12% of its workforce, cutting roughly 180 jobs from its 1,500 employees, as it shifts focus to AI tools. CEO Kris Marszalek said companies that quickly adopt AI and combine it with top talent will grow faster, while others may struggle to survive. The move comes as crypto firms look to cut costs and improve efficiency during a slow market with lower trading activity and tighter regulations.

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