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KLARNA LAYOFFS
'Let me make this point, please...': Former Google CEO Eric Schmidt booed by University of Arizona students. Here's what he said on AI- Jack Dorsey sounds layoff alarm after Block slashes 50% staff — which companies could be next?
- AI layoffs no longer cheer markets as investors turn sceptical, says study
- Job bloodbath! Mass layoffs hit America as 172,000 jobs vanish — is this shocking wave of Amazon and Meta cuts the first sign of a U.S. recession?Job bloodbath hits America. Over 172,000 layoffs in October 2025. Biggest cut since the pandemic. Amazon slashed 14,000 jobs. Meta dropped ...30 Oct, 2025, 03.53 PM IST
- Fintech firm’s AI adoption plan backfires as attempt to automation leaves engineers stuck with handling customer support callsKlarna’s bold AI experiment has backfired, forcing engineers and marketers into customer support roles after its chatbot failed to handle r...04 Sep, 2025, 10.19 PM IST
- ‘It’s 100% crap’: Ex-Google exec rejects tech CEOs’ rosy claims that AI will bring a golden age, warns even they aren’t safeA former Google executive warns that AI will trigger widespread job losses within 5 to 15 years, impacting even CEOs. Companies are already...12 Aug, 2025, 04.28 PM IST
- Betting on Bots: Why Replacing People With AI Is a Strategic Time BombAs the AI wave accelerates, many organizations are prematurely downsizing their workforce to cut costs and ride the automation hype. While ...21 Jul, 2025, 04.52 PM IST
- Company that sacked 700 workers with AI now regrets it — scrambles to rehire as automation goes horribly wrongKlarna AI layoffs have taken a surprising turn. The Swedish fintech giant, once praised for firing 700 employees and replacing them with ar...09 Jun, 2025, 11.46 PM IST
- AI is not increasing productivity or leading to job losses, finds a studyA recent study indicates that AI's impact on employee pay and hours has been minimal, despite its rapid adoption. While some companies like...20 May, 2025, 04.24 PM IST
- Microsoft Layoffs: AI’s rise brings a wave of tech layoffs, but CEOs say it’s not about replacementMicrosoft Layoffs: The AI race is reshaping global tech, but Google CEO Sundar Pichai insists there won’t be just one winner. While AI is t...20 May, 2025, 12.57 PM IST
- Company replaces 700 employees with AI, two years later, it's rehiring humans as AI falls shortKlarna, the buy-now-pay-later firm, will increase human hires after AI customer service fell short of expectations. Despite cost savings fr...19 May, 2025, 01.11 PM IST
- After firing 700 employees for AI, Swedish company admits their mistake and plans to rehire humans. What went wrong?Swedish fintech company Klarna is reversing its decision to replace human employees with AI after facing declining service quality. After l...18 May, 2025, 11.20 PM IST
- SoftBank prepares new round of layoffs at Vision FundThe layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...13 Jun, 2023, 11.38 AM IST
- Silicon Valley startups brace for a summer of painAs the market downturn drags on and investor cash remains hard to come by, more startups will start to run out of money, experts say. Some ...25 Apr, 2023, 08.59 AM IST
- Mass firings at Twitter, Better.com show us the dark side of digital layoffsTwitter's approach resembles strategies adopted by a growing number of companies in recent years.09 Nov, 2022, 06.07 PM IST
- Twitter job cuts: what are digital layoffs and what do they mean for employees and companies?Musk's plans to restructure Twitter began with laying off top executives, before notifications were emailed to around half of the Twitter g...09 Nov, 2022, 03.57 PM IST
- Microsoft continues layoffs, sacks nearly 1,000: reportThe company has confirmed the ‘role eliminations’. This is the third round of layoffs at Microsoft in four months. In July, the Big Tech fi...18 Oct, 2022, 11.24 AM IST
- Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...01 Aug, 2022, 11.34 AM IST
- From Tesla to Peloton, companies slow hiring as economy sputtersThe billionaire said he has a "super bad feeling" about the economy and that the electric carmaker needs to axe about 10% of its workforce,...03 Jun, 2022, 10.09 PM IST
- Mobility startup Swvl to fire over 400 employeesSwvl has over 1,330 employees and laying off 32% of its workforce means that over 400 people will lose their jobs.31 May, 2022, 11.48 AM IST
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