Crypto.com: 288 jobs cut
Crypto.com announced a 12% workforce reduction, with CEO Kris Marszalek explicitly citing the integration of "enterprise-wide AI" as the reason for cutting roles that "do not adapt in our new world." The CEO stated that companies not making this AI pivot will "immediately fail" and slower companies will be "left behind." This follows previous layoffs at the cryptocurrency exchange in 2022 and 2023 for different reasons. The announcement represents another example of tech executives directly linking AI adoption to workforce reductions.
Conservative
288
Core Estimate
288
Upper Bound
288
Sources
Crypto.com CEO Announces 12% Layoffs, Citing AI Job Adaptation - Business Insider
Crypto.com CEO Announces 12% Layoffs, Citing AI Job Adaptation - Business Insider By Henry Chandonnet You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Crypto.com CEO Kris Marszalek cited the company's turn to "enterprise-wide AI" in his layoff announcement. Marco Bello/Reuters 2026-03-19T14:09:35.975Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads Save Saved Read in app This story is available exclusively to Bus
Crypto.com to Cut 12% of Workforce due to Enterprise AI Integration
Crypto.com to Cut 12% of Workforce due to Enterprise AI Integration Ecosystem English BTC$69,759 0.44% BCH$467.38 3.13% HYPE$39.56 0.58% ADA$0.2654 0.46% XLM$0.1653 0.97% ETH$2,134 0.95% XRP$1.43 0.53% DOGE$0.09383 1.63% TRX$0.3071 2.48% BNB$639.85 0.70% SOL$88.81 1.33% LINK$9.01 0.92% XMR$345.19 2.17% USD Written by Zoltan Vardai,Staff Writer Reviewed by Bryan O'Shea,Staff Editor # Crypto.com cuts 12% of staff as it accelerates AI push Mar 19, 2026 Crypto.com CEO Kris Marszalek
Crypto.com lays off 12% — latest company to cite AI in job cuts
Crypto.com lays off 12% — latest company to cite AI in job cuts Key Points - Crypto.com laid off 12% of its employees as the company embraces artificial intelligence. - CEO Kris Marszalek said the cuts were to "roles that do not adapt in our new world." - A growing number of companies have cited AI for mass layoffs as CEOs rethink what kinds of jobs their firms need. Omar Marques | Lightrocket | Getty Images Cryptocurrency trading platform Crypto.com announced Thursday that it is laying off
Crypto.com’s AI Campaign Triggers 12% Cut to Staff
Crypto.com’s AI Campaign Triggers 12% Cut to Staff -- -- Crypto.com’s AI Campaign Triggers 12% Cut to Staff # Crypto.com’s AI Campaign Triggers 12% Cut to Staff -- By PYMNTS| March 19, 2026 Share: -- | -- Crypto.com is cutting around 12% of its workforce as it concentrates more on AI. ## Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today.