Breaking news: According to CEO Kris Marszalek, Crypto.com will lay off approximately 12% of its workforce as part of a major restructuring plan driven by artificial intelligence.
Just a month ago, it was reported that Marszalek acquired the domain name ai.com for $70 million.
Marzalek stated that jobs unable to adapt to the AI-first era will be phased out, warning that companies failing to adopt AI "will fail," and those slow to act will be left behind.
He added that companies combining cutting-edge AI tools with high-performing talent will achieve unprecedented scale and precision.
Affected employees have been notified and will receive transition support.