Chime Cuts 150 Jobs as AI Driven Efficiencies Reshape Fintech Workforce
Fintech company Chime is eliminating nearly 150 positions, representing 10% of its workforce, as part of an AI-driven transformation. CEO Chris Britt emphasized that smaller teams with fewer layers are moving faster and achieving more. The move reflects a broader trend across financial services, with companies like Block, Visa, and Mastercard also trimming staff to boost efficiency.