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Crypto.com Fires 12% of Staff to Make Way for AI Efficiency
The crypto exchange believes that laying off employees will better help it prioritize resources and drive efficiency.
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Crypto.com has laid off roughly 12% of its 1,500-person workforce – or about 180 employees – as it doubles down on artificial intelligence to boost productivity.
What's the Scoop
- Fresh Layoffs: Posting to X earlier today, Kris Marszalek (the founder/CEO of crypto exchange Crypto.com and AI domain name registry service ai.com) confirmed that his crypto exchange has laid off 12% of its workforce.
- Stark New Reality: According to Marsalek's post, Crypto.com is, "joining the list of companies integrating enterprise-wide AI." Marsalek proclaims companies that fail to make a similar pivot "immediately" are doomed to fail, and indicates that AI assistance allows top performers to reach previously unfounded levels of productivity. According to Marsalek, team members that were let go held, "roles that do not adapt in our new world."
We are joining the list of companies integrating enterprise-wide AI. Companies that do not make this pivot immediately will fail. Companies that move slowly will be left behind. Companies that move immediately and pair the best AI tools with top-performers will achieve a level of…
— Kris | ai.com (@kris) March 19, 2026