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The Future of Business in the Age of AI: Fiverr's Bold Move and What It Means for Everyone
In a striking announcement, Fiverr, the renowned freelance marketplace, revealed plans to lay off over 30% of its workforce, equating to more than 250 employees. While such massive layoffs may typically raise questions about underlying financial health, Fiverr’s decision is driven by a different and more strategic motivation: transforming into an AI-first company. This recent development underscores a broader industry trend, with major corporations across sectors making similar moves toward automation and AI integration to enhance efficiency and profitability.