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.

July 31 : Fintech Chime is cutting 10 per cent of its workforce, a spokesperson said on Friday, joining a growing list of companies using AI-driven efficiencies to streamline…

July 31 : Fintech Chime is cutting 10 per cent of its workforce, a source familiar with the matter told Reuters on Friday, joining a growing list of companies using AI-driven…