{"id":197345,"date":"2026-03-19T10:12:00","date_gmt":"2026-03-19T14:12:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/19\/crypto-com-lays-off-12-latest-company-to-cite-ai-in-job-cuts\/"},"modified":"2026-03-19T10:35:11","modified_gmt":"2026-03-19T14:35:11","slug":"crypto-com-lays-off-12-latest-company-to-cite-ai-in-job-cuts","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/19\/crypto-com-lays-off-12-latest-company-to-cite-ai-in-job-cuts\/","title":{"rendered":"Crypto.com lays off 12% \u2014 latest company to cite AI in job cuts"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/2026\/03\/19\/crypto-com-layoffs-12percent-ai-job-loss.html\">Crypto.com lays off 12% \u2014 latest company to cite AI in job cuts<\/a><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/03\/19\/crypto-com-layoffs-12percent-ai-job-loss.html\">https:\/\/www.cnbc.com\/2026\/03\/19\/crypto-com-layoffs-12percent-ai-job-loss.html<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-03-19 10:12:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.cnbc.com\">www.cnbc.com<\/a><\/p>\n<p>Here is an unordered list summarizing the key points of the article:<\/p>\n<ul>\n<li><strong>AI Integration and Workforce Reduction at Crypto.com<\/strong>: Crypto.com announced it is laying off 12% of its staff to integrate artificial intelligence into its operations, according to CEO Kris Marszalek on X.<\/li>\n<li><strong>Industry Trend<\/strong>: The layoffs at Crypto.com come amid a broader trend where several companies, including block and Meta, are using AI as a reason for significant workforce reductions.<\/li>\n<li><strong>CEO Insights<\/strong>: Marszalek stressed that companies needing to integrate AI now or risk failure; however, he assures that the changes will contribute to &#8220;continued success.&#8221;<\/li>\n<li><strong>Previous Layoffs<\/strong>: Earlier in 2023, Crypto.com laid off 20% of its global workforce citing financial prudence and the impact of the FTX collapse.<\/li>\n<li><strong>High-Stakes Moves<\/strong>: Notably, Marszalek purchased the domain name AI.com for $70 million, an unprecedented deal, and invested heavily in AI technologies.<\/li>\n<li><strong>Communication to Employees<\/strong>: Although precise figures of those laid off are undisclosed, all affected members have received notifications, according to a Crypto.com spokesperson.<\/li>\n<li><strong>Reuters Report on Meta<\/strong>: Reuters reported plans for Meta to cut up to 20% of its workforce to offset AI infrastructure costs and improve efficiency through AI integration.<\/li>\n<\/ul>\n<p>For more detailed and official information, please refer directly to the original article source from CNBC.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto.com lays off 12% \u2014 latest company to cite AI in job cuts https:\/\/www.cnbc.com\/2026\/03\/19\/crypto-com-layoffs-12percent-ai-job-loss.html Publish&#8230;<\/p>\n","protected":false},"author":1,"featured_media":197346,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108280256-1773926447374-gettyimages-1760803561-omarques_02112023_ILLUS_TECH-1.jpeg?v=1773926470&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-197345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/197345"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=197345"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/197345\/revisions"}],"predecessor-version":[{"id":197347,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/197345\/revisions\/197347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/197346"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=197345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=197345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=197345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}