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A published report Wednesday indicated that Swedish fintech company Klarna is “seeking to get rid of almost half of its employees in the coming years through efficiencies it says arise out of its investment in AI.” The article noted that the company has already reduced its head count from 5,000 to 3,800, and wants to reduce its workforce to 2,000 by using AI in marketing and customer service. Sebastian Siemiatkowski, CEO and co-founder of the company, which provides payment processing services for the e-commerce sector, told the BBC that “the job cuts would mean Klarna could pay its remaining …

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