Crypto.com Slashes Workforce by 12% in ‘Enterprise-Wide AI’ Pivot

March 19, 2026
1:11 pm

Crypto.com Slashes Workforce by 12% in ‘Enterprise-Wide AI’ Pivot

In brief

Crypto.com is reducing its workforce by 12%, affecting approximately 180 employees
CEO Kris Marszalek said the move was part of a pivot to “enterprise-wide AI.”
The move follows similar cuts at Algorand Foundation and Messari earlier this week.

Cryptocurrency exchange Crypto.com is cutting 12% of its workforce, or around 180 employees, as part of a strategic shift toward AI-driven operations.

In a tweet, CEO Kris Marszalek described the move as a pivot to “enterprise-wide AI,” declaring that “Companies that do not make this pivot immediately will fail.” The move represents the third workforce reduction in four years for the Singapore-based platform.