No More Human Hires? This Tech Company CEO Says AI Can Handle All Office Work

No More Human Hires? This Tech Company CEO Says AI Can Handle All Office Work
mashable.com

by Priya Singh • 2 months ago

Klarna's CEO, Sebastian Siemiatkowski, claims AI can now perform nearly all tasks traditionally handled by humans, raising concerns about job security. Klarna has halted new hiring for over a year, resulting in a workforce reduction from 4,500 to 3,500 employees due to natural attrition. The company is focusing on automation, allowing salaries for remaining staff to potentially rise despite the shrinking workforce. This trend mirrors broader industry shifts towards AI-driven automation.

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