The British telecom giants earlier said it planned to cut up to 55,000 jobs by 2030. The company has turned to AI to reinvent ...

BT CEO Allison Kirkby warned that AI advancements could lead to further job cuts beyond the 55,000 already planned by 2030.

Cognizant CEO Ravi Kumar argues AI will lower expertise barriers, creating more entry-level opportunities for recent ...

The formerly state-owned telecoms biz said in 2023 that it aimed to shed as many as 55,000 jobs by 2030, equating to 42 ...

Despite a steady labor market, many U.S. companies are under pressure to reduce costs because of global uncertainty linked to ...

BT is not only one company which is planning automation in full swing. The Swedish payments firm Klarna is also taking ...

Cognizant CEO Ravi Kumar challenges predictions of AI decimating entry-level jobs, asserting it will create more ...

The buy-now-pay-later pioneer says automation may herald a recession, but letting people pay for pizza in installments will ...

Artificial intelligence is starting to have a profound effect on work and employment, though some believe much human labour ...

Klarna CEO Sebastian Siemiatkowski has already used AI to do the work of 700 people at his company, but also had to recruit human workers to perform some high-function jobs. Welcome to the AI future.

Artificial intelligence is also playing a growing role in these layoffs. Klarna's CEO revealed that the company has cut 40% ...