Crypto.com CEO announces enterprise-wide AI pivot with 12% workforce reduction to align roles with new AI-focused strategy.
Tech & Launches ·
Crypto.com has eliminated around 12% of its workforce, representing approximately 180 roles, according to reporting on the cuts. CEO Kris Marszalek framed the reduction as part of a broader shift toward enterprise-wide artificial intelligence integration, positioning the move as necessary for competitive alignment in an AI-driven market environment.
The layoffs reflect a strategic realignment of the exchange's organizational structure around AI capabilities. Marszalek announced the decision publicly, characterizing the workforce reduction as essential to reshape roles and operations in line with the company's new AI-focused direction rather than a response to financial distress.
Details about which specific departments or functions were affected by the cuts remain unclear from available reporting. The full scope of how Crypto.com plans to deploy AI across its platform and what timeline the integration will follow has not been specified in the announced statements.