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Sebastian Siemiatkowski, CEO of Swedish fintech company Klarna, says the organization is set to drastically downsize. And he says he shares his outlook on the workforce with another CEO: Anthropic’s Dario Amodei. Siemiatkowski made the comments on the 20 VC podcast with Harry Stebbings earlier this week, where the CEO didn’t deny that the company has been steadily shrinking. The CEO said that currently the company has about 3,000 employees. That’s down from 7,000 just four years ago. In another four, he says there will likely be less than 2,000—a reduction of one-third. Siemiatkowski cited both layoffs and the employees leaving the company and not being replace…

Sebastian Siemiatkowski, CEO of Swedish fintech company Klarna, says the organization is set to employ drastically fewer people. And he says he shares his outlook on the workforce with another CEO: Anthropic’s Dario Amodei. Siemiatkowski made the comments on the 20 VC podcast with Harry Stebbings earlier this week, where the CEO didn’t deny that the company has been steadily shrinking. The CEO said that currently the company has about 3,000 employees. That’s down from 7,000 just four years ago. In another four, he says there will likely be less than 2,000—a reduction of one-third. Siemiatkowsk said employees leaving the company are not being replaced, and expla…

One week ago, a Savannah, Georgia, woman was killed during an Immigration and Customs Enforcement (ICE) pursuit. It’s not the first time in recent weeks that a bystander has been killed by ICE. However, this story—one involving a Black bystander—hasn’t taken off with the same ferocity as others that have flooded our feeds and torn at our collective heartstrings. In fact, many haven’t even heard about the recent incident. Dr. Linda Davis, a beloved 52-year-old mother of five, was struck by a truck driven by a man who was fleeing immigration officers. Davis taught kindergarten and first grade at Herman W. Hesse K-8 School in Savannah’s south-side suburbs, less than…

It’s no secret that fast casual restaurants have struggled in recent years, with some companies turning to cheaper options as a way to lure customers back. The latest chain to do so is Panera Bread, which just announced its first-ever value menu. It includes 10 items that are each $4.99. Customers must pick at least two items to use the menu and will get the typical free side of an apple, chips or bread. Anyone who has been to Panera will recognize it as a scaled-down version of the long-standing You Pick Two deal. There are four half sandwiches, three half salads, and three cups of soup. There will be a rotating seasonal item, but to start Panera’s…

Most workplace frustration doesn’t come from a lack of effort or commitment. It comes from expectations that weren’t met—not because people failed to try, but because those expectations were never clearly stated or truly understood. In our organizational research over the past 30 years, we’ve seen this pattern repeatedly: when expectations are unclear, trust in leadership and collaboration begins to drop. When this happens, the frustration that follows is real. But the deeper cost is often invisible—trust begins to erode. This dynamic is increasingly common. Roles evolve, priorities shift, and teams are asked to move faster with less certainty. People continue to …

You’ve tried it all before. Waking up at 5:30 a.m. Journaling first thing in the morning. The exercises you’re supposed to do before work. But do your morning habits stick? Are you still practicing them? We all want to “win the morning,” to be productive and intentional. The trouble with morning routines is that they don’t work as they should if you don’t fix your evening habits. People are obsessed with morning routines. But they forget that winning in the morning starts the night before. Every single choice you make after dinner is either setting you up for a great morning or sabotaging tomorrow before it begins. That late-night binge doesn’t just keep you up. I…

There are a few odors from adolescence that are seared into the brains of most Americans who grew up after the 1980s: the aroma of freshly baked brick pizza in the school cafeteria, the acrid stink of a locker room, and the unmistakable scent of teen boys wearing an unforgivable amount of Axe body spray. The phenomenon of teens dousing themselves in Axe has become so ubiquitous since the brand’s founding in 1983 that over the past few years it’s inspired its own subgenre of memes (see this one and this one, for example). Now Axe has its sights set on a new generation of consumers with a redesigned spray mechanism for its signature product. To mark the occas…

The stock prices of the so-called Quantum Four are back on the rise today, after already accruing significant gains yesterday as well. The upward trend is a reversal for IonQ, D-Wave, Rigetti, and Quantum Computing Inc., which have all seen their shares decline since the beginning of the year. Why are they on the rise again? Here’s what you need to know: What’s happened? Yesterday, the stock prices of America’s four largest publicly traded quantum computing companies all rose significantly. As of yesterday’s close, here’s where the quantum computing companies’ stock prices stood: IonQ, Inc. (NYSE: IONQ): up 6.23% to $33.59 D-Wave Quantum Inc. (NY…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Since the 2008 housing bust and subsequent Great Financial Crisis (GFC), mortgage lending has steadily shifted away from big banks. In the years that followed—amid tighter regulations, higher capital requirements, and elevated litigation risk—many large banks, including Bank of America, JPMorgan Chase, and Wells Fargo, reduced their mortgage footprint. In that void, nonbank lenders, also known as independent mortgage banks (IMBs), such as Rocket Mortgage, United Wholesale Mortgage (UWM), and loanDepot, gained market share. Now, a top Federal Reserve …

In the latest chapter of the pizza wars, Papa Johns announced it is closing hundreds of North America locations during a fourth-quarter earnings call on Thursday. It will also cut about 7% of its workforce. In that call, Papa Johns’ chief financial officer and president of North America Ravi Thanawal said the company plans to shutter a total of 300 underperforming restaurants in North America “that are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant.” The closures will happen by the end of 2027, with the first two-thirds closed by year end.…

OpenAI’s Codex AI coding assistant is having a growth spurt. OpenAI tells Fast Company that its weekly active users have tripled since the start of the year, while overall usage (measured in tokens) has increased fivefold. The surge is likely driven by the release of new models—GPT-5.2 last December and GPT-5.3-Codex in early February—as well as the launch of Codex’s app version a few weeks ago. OpenAI says the app has been downloaded more than a million times. Across all access points—including the cloud, app, and command line—more than a million developers and other users now rely on Codex at least once a week, according to the company. Generating computer code has …

When the email pinged in my inbox, I didn’t even bother to open it immediately. I already knew what it was. One glance at the subject line told me everything. After enough time on the job hunt, you develop a sixth sense for HR language. The preview text—“Thank you for taking the time…”—said it all. It’s the standard soft intro to bad news: Your application was amazing . . . but not amazing enough. The blow softens once you’ve received a few of these. But the emotions that follow resemble the five stages of grief: denial, anger, bargaining, depression, and eventually, acceptance. I ran the gamut of these feels when I got my latest rejection for a role that seemed p…

Jack Dorsey, CEO of Block Inc, is not only laying off nearly half of the company’s workforce, but he wants investors to think he’s an AI-focused trailblazer for doing so. In a letter to shareholders on Thursday, Dorsey shared that Block’s workforce is shrinking from over 10,000 people to just below 6,000 people, with some employees entering consultation. Dorsey credits “intelligence tools” with motivating the change, explaining that these tools and a “significantly smaller team” will allow the company to be better and do more. Block owns fintech brands such as the Square point-of-sale system, Cash App, and Afterpay, along with the music streaming service Ti…

A triceratops skeleton that stood in a Wyoming museum for decades will be auctioned off, a rare instance of a museum-exhibited dinosaur going to the auction block just as the market for the prehistoric giants has hit record highs. The fossil, dubbed “Trey,” will be open for bidding from March 17 to 31 on Joopiter, an online auction platform founded by Grammy-winning artist and producer Pharrell Williams. It has a pre-auction estimate of $4.5 million to $5.5 million. Dating back more than 66 million years to the late Cretaceous period, Trey was discovered near Lusk, Wyoming, in 1993 by Lee Campbell and the late Allen Graffham, a commercial paleontologist who made n…

Roger Bennett is the witty and charismatic co-host of the popular “Men in Blazers” soccer media network. Born in Liverpool, England, he moved to the United States and has since helped popularize the sport in this country through podcasts, television shows, and books, including his best-selling memoir Reborn in the USA. His new book, WE ARE THE WORLD (CUP), is a personal history of what he calls “the world’s greatest sporting event.” In the following excerpt, he chronicles his experience of the 1994 World Cup, the last event held in the U.S prior to this summer’s tournament. 1994 was also the year Bennett moved to the U.S. The 1994 World Cup brought football to the Un…

Gold-medal moments for American athletes abounded at the 2026 Winter Olympics. Among a slew of highlights, Alysa Liu brought the U.S. Olympic gold in singles figure skating for the first time since 2002, Breezy Johnson and Mikaela Shiffrin topped the podium in Alpine skiing. The Paralympics, which start March 6, will likely see more medals for women athletes, and many of them will be celebrating in Las Vegas this summer. But data from ticket exchange and resale site StubHub shows that the U.S. women’s hockey team’s triumph over Canada for gold in Milan will have a lasting effect on attendance at Professional Women’s Hockey League games. The company’s internal dat…

America’s three major stock markets, the Dow, Nasdaq, and S&P, are all down sharply in morning trading as of this writing. The wave of red across investors’ monitors is primarily due to one major factor: uncertainty around how far the Iran conflict will travel and how long it will last. Here’s what you need to know about how markets are reacting. What happened? Over the weekend, President Donald The President ordered strikes on Iran, during which the country’s supreme leader, Ayatollah Ali Khamenei, was killed. The death of Iran’s leader and the ongoing conflict in Iran will have significant consequences for the region as a whole for years to come. Yet wha…

A journalist is assigned a profile of a prominent politician on a tight turnaround. With the interview just hours away, she asks ChatGPT to generate a list of questions. Satisfied with the 30 questions churned out in under a minute, she shares them with her editor to make sure no stone is unturned. The editor nearly rewrites the list entirely. It’s missing questions about pivotal early-life experiences, why the senator dropped out of college, parting ways with her first campaign manager, and more. All of these missing questions stem from understanding the larger context and years of honing editorial judgment—the kinds of things AI can’t replace. Just as generative…

Airport lounges are getting bigger, flashier, and increasingly crowded. American Express (Amex) believes the next evolution might actually be smaller. On Wednesday, the company opened the doors to Sidecar by The Centurion Lounge, a new 33-seat speakeasy-style lounge concept at Harry Reid International Airport in Las Vegas. The space is designed specifically for travelers who have 90 minutes or less before boarding, offering a quick stop for food, drinks, and a moment of calm before heading to the gate. The opening represents the first new format for the Centurion Lounge brand since the network debuted more than a decade ago. According to Audrey Hendley, p…

Things are moving quickly in the Middle East following the February 28 attack by Israel and the United States on Iran. Repeated waves of US-Israeli strikes have hit military and government sites across Iran, killing Ayatollah Ali Khamenei and prompting a temporary leadership council to take charge in Tehran. Iran has responded with threats to close the Strait of Hormuz and launched retaliatory attacks around the Gulf, raising fears that the conflict could spill over into a broader regional war and disrupt global energy supplies. One way the average Joe is trying to keep track is by “monitoring the situation” using dashboards—many of which, their creators admit, were spun …

Every important endeavor in your life needs some kind of North Star to help you determine whether you’re succeeding. Fitness professionals recommend having an overarching goal when planning a workout regime. Similarly, it’s valuable to have strategic aims for your career. Professional goals are important, because they help you evaluate which of a variety of paths available to you is the ideal one to pursue. For example, if your aim is to play a leadership role in a company, then you might choose to get an advanced degree that hones your leadership skills. That time in school might slow your progress in getting promotions in your vertical in the short term, but will en…

We’re only two months in, but 2026 is already shaping up to be the year of agents. The current surge began with Claude Code, which achieved critical mass over the holidays. That led to all kinds of lobster-themed software names (long story), which culminated in OpenClaw, an open-source agent creation and management system. It might also be a stealth marketing campaign for Apple to sell a ton of Mac Minis, but that’s neither here nor there. It’s too early to say what kind of productivity gains the current wave of agents will create, but the push to agents is undeniable. It’s also very exclusive. For all the talk of, “the only coding language you need to know is English…

When you visit the Samsung booth this week at the Mobile World Congress 2026—which, as always, is being held at the Fira Gran Via convention center in Barcelona—you can make your way past the array of brand-new devices to find a timeline of old Galaxy S phones mounted to a wall. It’s a neat piece of history, but I’m not sure it had the intended effect. Rather than demonstrating Samsung’s progress over the years, it highlights how the South Korean tech giant—still the No. 2 phone maker in the world, right behind Apple, according to data from Counterpoint—has been treading water at the top of its lineup. This year’s Galaxy S26 Ultra, announced a few days before the …