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Klarna CEO Reveals Plan to Reduce Workforce by 50% and Replace It with AI

Posted on the 29 August 2024 by Phil's Stock World @philstockworld

At least Sebastian Siemiatkowski is upfront about replacing people with AI. Klarna CEO Sebastian Siemiatkowski is so bullish on AI that the Swedish buy-now-pay-later (BNPL) platform plans to cut it's workforce by 50 percent in the next few years. Speaking to the Financial Times, Siemiatkowski said ...

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