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Bold CEO Laid Off Staff for Slow AI Adoption, Would Repeat

Two years ago, a then-unknown CEO made headlines when he laid off nearly 80% of his staff. His reasoning? They were not adopting Artificial Intelligence (AI) fast enough. Today, in an exclusive interview with Fortune, he has revealed he’d do it all over again if necessary.

Despite the initial backlash, the company’s audacious move has borne fruit. With a streamlined workforce and efficient AI systems in place, the business has grown exponentially, outperforming its targets and making a significant impact in its sector. This controversial decision, it seems, was a turning point in the company’s fortune.

Artificial Intelligence adoption in businesses is no longer a suggestion; it’s a necessity. In an increasingly digitized world, companies that refuse to integrate AI into their operations risk being left behind Read More


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