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Singapore Cryptocurrency Trading Platform Crypto.com She resorted to personnel changes again, reducing her staff by about 12%. The official reason given by the company was the introduction of artificial intelligence to automate work processes. CEO Chris Marschalek explained that this is a necessary measure to adapt to the changing conditions of the industry, where automation is gradually becoming the norm.

Marshalek stressed that companies that slowly integrate AI risk losing their competitiveness. He compared the slow transition to automation with lagging behind, while the rapid combination of artificial intelligence and qualified specialists makes it possible to achieve a qualitatively new level of productivity. The laid-off employees will receive severance pay, but details about specific departments or positions affected by the cuts were not disclosed.

This is not the first dismissal in Crypto.com . In 2022, the company lost about 260 employees (about 5% of the staff), and in 2023 it made another reduction, laying off 20%. If the previous steps were explained by market conditions, now the main driver is technological transformation.

Marshalek's statement reflects the vision that the future of the cryptocurrency business directly depends on the speed of implementation of advanced technologies. AI is considered not just as an auxiliary tool, but as one of the fundamental factors shaping the company's structure. Special emphasis is placed on the synergy of algorithms and highly qualified employees, which implies a further change in roles within the organization.

Previously, layoffs were most often caused by external circumstances, such as market volatility or economic instability, but now internal technological logic is coming to the fore. Companies are increasingly seeing automation as a tool to increase efficiency, which inevitably entails a review of staffing levels.