Chime to cut 10% of its workforce as part of an AI-driven operational restructuring

US fintech company Chime is laying off approximately 10% of its workforce, impacting nearly 150 employees, as it restructures operations to adapt to the increasing use of artificial intelligence (AI) across its business. This move is part of a broader organizational overhaul aimed at improving efficiency and accelerating growth, with the company's leadership noting that AI is changing work organization and increasing the need for new skills.

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