Klarna’s CEO has predicted that a recession could be around the corner as companies around the globe—including his own—reduce ...

Klarna AI layoffs have taken a surprising turn. The Swedish fintech giant, once praised for firing 700 employees and ...

Siemiatkowski spoke about the impact of generative AI while appearing on The Times Tech podcast. "Many people in the tech industry, especially CEOs, tend to downplay ...

Klarna's CEO warns AI could wipe out white-collar jobs and spark a recession as the fintech giant slashes staff and leans ...

A recession is looming, and AI will be the cause, according to Klarna CEO Sebastian Siemiatkowski. AI has been replacing many ...

Klarna CEO warns that AI's rapid growth may lead to a recession and widespread white-collar job losses, even as his company rebalances between automation and the human touch.

A healthy chunk of corporate America has eagerly embraced AI, betting that the tech will bring heretofore unrealizable ...

Recent examples of AI-driven lay-offs, from IBM to Duolingo, are fuelling questions about whether a slash and burn of ...

Duolingo cofounder and CEO Luis von Ahn posted an email on LinkedIn that he had just sent to all employees at his company. In ...

Initial public offering (IPO) activity is picking up despite tariff concerns, with public debuts from names like Circle ...

Starmer has said it is time to “push past” concerns that AI poses a threat to human jobs — contradicting some of tech’s ...