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Building a Disruptive Payments Company (with Klarna CEO Sebastian Siemiatkowski)
ACQ2 by Acquired
Balancing Revenue Growth and Cost Reduction for Company Success
Achieving a growing revenue line and decreasing cost curve is the ultimate accomplishment for a company. AI plays a significant role in enabling this achievement. While cost reduction can involve doing more with less, it is challenging as it may lead to layoffs which are seen as a painful and sad process. Despite aiming to avoid layoffs, tech companies typically experience a 20% turnover rate annually, which means if recruitment stops, the company would shrink by 20% each year.
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