Technology

⚡Layoffs Due to AI: Crypto.com Cuts 12% Workforce

By Kalpesh Sharma

Crypto.com has announced a 12$ workforce reduction to integrate enterprise-wide AI. CEO Kris Marszalek stated that adapting to AI is essential for survival. The move follows the USD 70 million purchase of AI.com and reflects a broader trend among firms like Block and Meta to streamline operations through automation.

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