Sea
Sea|Mar 20, 2026 00:19
Developing AI has become the best excuse for companies to lay off employees. Will layoffs at exchanges have a ripple effect? Polymarket could open some markets to bet on whether top exchanges will lay off staff—employees buying 'Yes' as insurance. Crypto.com is laying off 12% of its workforce, Block recently laid off 40% of its staff, all to adjust their business to adapt to AI development. Exchange Gemini cut 25% of its staff earlier this year and shut down operations in the UK, Europe, and Australia.
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