Klarna CEO Hints at Major Workforce Reduction with AI

• Workday is laying off 1,750 employees, or 8.5% of its workforce, to prioritize AI investments and growth. CEO Carl Eschenbach emphasized the potential of AI to drive a new era of growth.
• The company will incur $230-$270 million in re...

• The 1% Club, a financial edtech platform, has laid off 15% of its workforce as part of a cost-cutting exercise.
• The layoffs were attributed to mistakes in hiring and redundant expenses, as well as AI-led automation.
• Despite the lay...

this government wants to control everything: why are they so insecure ?

• LinkedIn has laid off 200 employees, impacting engineering and customer support teams, as part of ongoing cost-cutting measures.
• The layoffs align with broader tech industry trends, including Microsoft's workforce reductions and AI i...