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KLARNA REHIRING EMPLOYEES
AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
MIT study shatters AI hype: 95% of generative AI projects are failing, sparking tech bubble jittersDespite over $44 billion invested in AI startups in the first half of 2025, a new MIT report reveals that 95% of generative AI business eff...
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...
For some recent graduates, the AI job apocalypse may already be hereAI is rapidly replacing entry-level white-collar roles, leaving recent graduates facing rising unemployment and shrinking job prospects. Co...
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...
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...