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The CEO of payments company Klarna has warned that AI could lead to job cuts and a recession. Sebastian Siemiatkowski said he believed AI would increasingly replace white-collar jobs.

Klarna’s CEO has predicted that a recession could be around the corner as companies around the globe—including his own—reduce the headcount of well-paid, white-collar jobs and replace them ...

In July alone, rising adoption of generative AI technology by private employers accounted for more than 10,000 job cuts, ...

Here’s where each of the more than 700 jobs falls into this automation vs. augmentation grid: AI affects different jobs in ...

A new Microsoft study ranks the 40 jobs most at risk of being replaced by AI and the 40 roles that are safest for now. Find ...

With mass layoffs and skill gaps growing, the EU is under pressure to adapt the AI Act to protect jobs without stifling ...

AI's impact on the job market is ‘inevitable,' says workforce expert: ‘It's going to hurt for certain parts of the population' By Sophie Caldwell, CNBC • Published June 23, 2025 • Updated ...

When it comes to AI’s impact on the economy, there are two camps. In one camp, many economists reassure us that jobs lost to artificial intelligence (AI) will be offset by new ones.

Klarna also delivered its fourth profitable quarter in a row, achieving an adjusted operating profit of $3 million. Revenue rose 15% year-over-year to $701 million for Q1, with the U.S. driving 33 ...

It’s been like this across many IT sectors for as long as anyone can remember. Arguably, then, AI won’t reduce demand so much ...

Another CEO has warned about the impact generative AI will have on white-collar jobs. Sebastian Siemiatkowski, CEO of buy now, pay later giant Klarna, said that the sheer volume of these workers ...