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Klarna CEO Boasts His AI Can Do Work of 700 People After Laying Off 700 People in 2022

Klarna CEO Sebastian Siemiatkowski bragged on Tuesday that his company’s new OpenAI-powered customer service chatbot was doing the work of 700 people—nearly two years after Klarna laid off about 700 people.Like It or Not, Your Doctor Will Use AI | AI UnlockedIn a post on X, Siemiatkowski called the work of Klarna’s AI assistant a “breakthrough in the practical application of AI!” The CEO explained that in the chatbot’s first four weeks, it had handled about 66% of its customer support or about 2.3 million chats. Klarna…

EA Laying Off Around 670 People, “Sunsetting” Unspecified Games

Electronic Arts has announced that it will be laying off 5% of its staff, or around 670 employees, based on its stated headcount total of 13,400 in 2023. The company will also start "sunsetting" an unspecified number of games and move away from developing certain licensed IP games. EA explained that it does not believe that some future licensed IP would be successful "in our changing industry." Among the licenses that EA works with are Star Wars and the NFL, although it's unclear if games related to…

EA Cuts 5% of Workforce, Laying Off About 670 Staffers 

February 28, 2024 @ 2:46 PM Electronic Arts is laying off roughly 670 staffers, equivalent to 5% of its workforce, CEO Andrew Wilson wrote in a memo to staff on Wednesday.  “As a company full of creators and storytellers, we believe in the value of teams innovating together and continue to learn and adopt new ways of collaborating to grow and serve our global communities,” Wilson wrote. “Given how and where we are working, we are continuing to optimize our global real estate footprint to best support our…

EA is laying off over 650 employees

Video game company Electronic Arts will lay off 5 precent of its workforce according to a report it filed with the Securities and Exchange Commission on Wednesday. More than 650 EA employees will lose their jobs as a result of the move, part of a broader restricting that will see the company cutting back on office space and ending work on some video games.EA’s cuts are the latest in a long line of layoffs that have rocked the video game industry since last year. In 2023, more than 10,500 video game workers lost their…

Electronic Arts announces it’s laying off 5% of its employees – Destructoid

When will it end? According to GamesIndustry.biz, Electronic Arts announced today that it will be laying off approximately 5% of its workforce which equates to around 670 people. In a note sent out to EA staff, CEO Andrew Wilson indicated the move is part of the company “moving away from development of future licensed IP that we do not believe will be successful in our changing industry.” Another sweeping layoff in our decimated industry The moves are part of a larger restructuring plan at EA which includes the…

Apple cancels its autonomous electric car project and is laying off some workers

Apple is scuttling its secretive, long-running effort to build an autonomous electric car, executives announced in a short meeting with the team Tuesday morning. The company is likely cutting hundreds of employees from the team and all work on the project has stopped, TechCrunch has learned. Some remaining employees will be shifted to Apple’s generative AI projects, according to Bloomberg, which first reported the project’s cancellation. Others will have 90 days to find a reassignment to other…

PlayStation is laying off 900 staff across Naughty Dog, Insomniac and other studios

It’s another bleak day for the gaming industry as there’s more news of . This time around, its that’s gutting its studios. Sony Interactive Entertainment (SIE) it’s laying off around 900 staff from its PlayStation division, roughly 8 percent of that department’s headcount.Insomniac (Spider-Man and Ratchet and Clank), Naughty Dog (The Last of Us) and Guerrilla (Horizon) are all affected by the cuts. Those studios are behind some of PlayStation's most important franchises. For instance, within three and a half months,…

Sony is laying off 900 PlayStation employees

Team, It is important to provide you with updates about the business as often as possible. Today, I am writing with sad news. Through discussions over the past few months about the evolving economic landscape, changes in the way we develop, distribute, and launch products, and ensuring our organization is future ready in this rapidly changing industry, we have concluded that tough decisions have become inevitable. The leadership team and I made the incredibly difficult decision to restructure operations, which regrettably…

Until Dawn and The Quarry developer Supermassive is reportedly laying off around 90 workers

Yet another notable game studio is laying off a significant chunk of its workforce. Supermassive Games, the developer behind interactive horror titles and , is cutting around 90 jobs, according to . That's nearly a third of the studio's more than 300 employees.Supermassive confirmed that the studio will reorganize. "As a result, we are entering into a period of consultation, which we anticipate will result in the loss of some of our colleagues," it said. "This is not a decision that's been taken lightly, with many…

Rivian is laying off 10 percent of its salaried employees

Electric car maker Rivian announced on Wednesday that it’s laying off 10 percent of its salaried workforce to cut costs after facing a quarterly loss. The Amazon-backed company reported that it lost $1.5 billion in the fourth quarter of 2023 and said that it expects to build 57,000 electric vehicles in 2024, the same number it built last year.“Our business is facing a challenging macroeconomic environment — including historically high interest rates and geopolitical uncertainty — and we need to make purposeful changes now…