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Crypto.com’s AI Campaign Triggers 12% Cut to Staff

pymnts.com·3 days ago

Crypto.com is laying off 12% of its workforce as part of a shift toward AI integration, joining a growing trend of companies using AI adoption as justification for significant job cuts. The CEO explicitly linked the layoffs to 'enterprise-wide AI' implementation.

layoffsjob displacementcryptoworkforce reductionAI automationlabor impact

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