[Crypto.com CEO Announces 12% Layoff, Says Company Must Fully Integrate AI to Stay Competitive] Crypto.com CEO Kris Marszalek posted on the X platform: 'We are joining the ranks of companies integrating artificial intelligence across the entire enterprise. Companies that fail to make this transition immediately will fail. Those that act slowly will be left behind. Companies that act decisively and combine the best AI tools with top talent will achieve unprecedented scale and precision. This is the path we must take. As part of this step, we have also strategically reduced approximately 12% of positions that are not adapting to the new landscape. All affected team members have been notified and are receiving resources to support their transition. We deeply appreciate the contributions of our departing colleagues. This new foundation will set the stage for our continued success.'