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Crypto.com AI Transition Affects 12% of Workers amid Industry-Wide Job Shifts and Automation

Crypto.com recently announced that it plans to cut its workforce by 12%, equating roughly, to around 700 employees according to recent reports, as they adopt artificial intelligence technologies on a significant scale. This is part of an increasing number of companies pivoting their operations towards AI, with major players such as Dell and Google restructuring operations and downsizing teams in the process.

2026-03-24 | 3 min read

# Headline: Crypto.com AI Transition Affects 12% of Workers amid Industry-Wide Job Shifts and Automation

## Summary Crypto.com recently announced that it plans to cut its workforce by 12%, equating roughly, to around 700 employees according to recent reports, as they adopt artificial intelligence technologies on a significant scale. This is part of an increasing number of companies pivoting their operations towards AI, with major players such as Dell and Google restructuring operations and downsizing teams in the process.

## Article

As cryptocurrency company Crypto.com paves the way into 2026 by cutting its workforce by roughly 12% (700 people, according to the latest available estimates), they join a growing list of technology companies investing heavily in AI to transform both their software and hardware product lines. The restructuring comes just months after the company spent USD 70 million on state-of-the-art enterprise-wide AI integration, with CEO Kris Marszalek emphasizing that adapting to AI is essential for survival,. This move aligns Crypto.com's recent actions within broader layoff trends sweeping through Big Tech and finance.

In a parallel shift at software giant Google, job positions are moving away from traditional coding roles. As AI agents take over more than 50% of the coding tasks previously handled by humans, human developers are shifting their focus towards design and management oversight instead of hands-on programming. With this move, one wonders: Which jobs will be phased out next? And which roles will change in a similar fashion?

The Action Network has tackled that question with an AI risk ranking tool that evaluates the likelihood of job displacement due to automation. According to the analysis, customer service representatives and data entry workers are at the highest risk.

As companies like Cisco, Dell (which recently cut over 10% of its workforce), and others transition into more AI-centric business operations, employees must adapt swiftly to these technological changes. As a consequence of such industry-wide reshuffling, job titles are shifting to focus on strategy, management, creative roles, and oversight tasks that go beyond traditional skills.

Block, Inc. (formerly Square) headed by Jack Dorsey experienced significant layoffs early in 2026; however, they seem to have reversed the downsizing trend lately thanks to an upsurge in the company's strategic reorientation.

As such a pivotal role of managing AI transition falls heavily upon both technical and non-technical employees. It is crucial that companies invest in developing a robust educational base for their staff and provide adequate training on new technologies, tools, and methodologies — especially considering that it remains unclear how many jobs will be phased out next.

Ultimately, navigating these changes involves not just technical transitions but also a change in corporate culture. The tech industry must address the emotional impact of these layoffs on employees; after all, AI integration is affecting more than just business operations - it is reshaping millions of lives and careers.

As more companies increasingly rely on artificial intelligence for day-to-day operations, an ongoing dialogue with employees concerning their transition and future career growth in a post-AI world will become one of the critical aspects.

## TAGS - Block (Jack Dorsey's) - Crypto.com - AI workforce restructuring - Layoffs 2026

## Category: NEWS https://www.thehrdigest.com/ai-integrations-strike-again-2026-crypto-com-layoffs-affect-12-of-the-workforce/ https://www.latestly.com/quickly/technology/layoffs-due-to-ai-crypto-com-cuts-12-workforce-7361035.html

Sources

  • thehrdigest.com
  • latestly.com
GoogleDellBlockCrypto.comAutomation

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