It seems that cryptocurrency companies are planning to cut hundreds of employees within a few weeks. The main reasons appear to be market downturns and the rise of AI, but is it really necessary to reduce staff so drastically all at once?

Reduction isn't just about cutting costs; it likely indicates that the entire industry is facing a structural transformation. The emergence of powerful AI is probably significantly changing traditional workflows. Coupled with a sluggish market environment, companies may have been forced to make tough management decisions.

I'm curious whether the wave of layoffs will spread across the industry or if this is just a temporary adjustment. Watching how the balance between AI development and market conditions will reshape the industry's staffing structure seems worthwhile.