Klarna is diving headfirst into the AI future—trading humans for algorithms at a rapid pace. The Swedish fintech giant has trimmed nearly 40% of its workforce, largely thanks to AI stepping in where people once worked.
Source: TechStartups
Tag: job cut
Intel to Cut 20% of Jobs? Report Reveals Major Restructuring Under New CEO
Intel is set to lay off over 20% of its workforce this week as part of a major shakeup under new CEO Lip-Bu Tan. The move aims to cut bureaucracy, refocus on engineering, and help the struggling chipmaker compete with Nvidia. Tan’s strategy includes restructuring, spinning off non-core assets, and revamping Intel’s product and manufacturing approach.
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