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EXPLICITAI LAYOFF

Crypto.com: 1,200 jobs cut

October 10, 2023USCryptocurrencyCrypto.com

Crypto.com announced it will lay off 12% of its workforce as part of an AI-driven overhaul, resulting in approximately 1200 job cuts. The company attributed these layoffs directly to its restructuring efforts to integrate AI technologies into its operations. The announcement was made on October 10, 2023.

Conservative

1,200

Core Estimate

1,200

Upper Bound

1,200

Sources

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