Crypto.com has reduced its workforce by around 12% as the company accelerates a shift towards artificial intelligence across its operations.
The Singapore-based exchange confirmed the layoffs on March 19, with CEO Kris Marszalek positioning the move as a necessary step to align with an AI-first business model.
With more than 4,000 employees before the cuts, the reduction equates to roughly 480 roles.
The decision places Crypto.com among a growing group of crypto firms restructuring around automation and machine learning, as competition and cost pressures push platforms to rethink how they scale and operate.
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
AI strategy drives workforce cuts
Marszalek said the roles affected were no…
