Klarna CEO reveals plan to reduce workforce by 50% and replace it with AI

Klarna CEO reveals plan to reduce workforce by 50% and replace it with AI

Klarna, the Swedish fintech giant, has made headlines with their CEO Sebastian Siemiatkowski announcing a drastic…

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Tesla more than tripled its Austin gigafactory workforce in 2022

Tesla more than tripled its Austin gigafactory workforce in 2022

According to Tesla, their Austin Gigafactory has experienced a rapid increase in its workforce, tripling its…

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Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months

Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months

Accenture, a global professional services company, filed with the U.S. Securities and Exchange Commission (SEC) to…

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Twitch says it will lay off 400 employees

Twitch says it will lay off 400 employees

Twitch, the live streaming platform owned by Amazon, has recently announced that 400 of its employees…

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Okta says source code for Workforce Identity Cloud service was copied

Okta says source code for Workforce Identity Cloud service was copied

Okta, a leading identity and access management provider, recently announced that it believes that its source…

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