L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 4 months agoKlarna says its AI assistant does the work of 700 people after it laid off 700 peoplewww.fastcompany.comexternal-linkmessage-square55fedilinkarrow-up1149arrow-down14file-textcross-posted to: aicompanions@lemmy.worldsingularity@lemmit.onlinehackernews@lemmy.smeargle.fans
arrow-up1145arrow-down1external-linkKlarna says its AI assistant does the work of 700 people after it laid off 700 peoplewww.fastcompany.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 4 months agomessage-square55fedilinkfile-textcross-posted to: aicompanions@lemmy.worldsingularity@lemmit.onlinehackernews@lemmy.smeargle.fans
minus-squareplz1@lemmy.worldlinkfedilinkEnglisharrow-up8·4 months agoI don’t nave a citation, but in general, layoffs are usually used to cut costs. Spending less means more profits. More profits generally means the company looks better to the investors, and hence, better stock price.
I don’t nave a citation, but in general, layoffs are usually used to cut costs. Spending less means more profits. More profits generally means the company looks better to the investors, and hence, better stock price.