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Tag: Job Cuts

AI in Klarna

How AI Is Shaping Klarna’s Future: Workforce Reductions and Increased Pay

Klarna, the buy now, pay later company, plans to significantly reduce its workforce through efficiencies gained from artificial intelligence (AI). After cutting its staff from 5,000 to 3,800 over the past year, Klarna aims to reduce its staff further 2,000 by leveraging AI in marketing and customer service. CEO Sebastian Siemiatkowski highlighted that these job…

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Microsoft Activision Blizzard Merger

Microsoft Activision Blizzard Merger

Microsoft Refutes FTC's Claims on Job Cuts Post Activision Blizzard Acquisition Microsoft has countered the allegations made by US regulators accusing the tech giant of reneging on promises by implementing job reductions following its monumental acquisition of Activision Blizzard. In January, three months after finalizing the $69 billion deal, Microsoft Gaming disclosed the termination of…

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