Economic TimesLean R·
Chime to cut 10% of total workforce on AI driven efficiencies
Fintech firm Chime is reducing its workforce by ten percent. This move aligns with a broader trend of companies using AI for operational efficiencies. Chime's CEO noted smaller teams are now moving faster and achieving more. Other financial companies like Block and Visa have also announced job cuts. These changes aim to build a stronger and more profitable business.
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