Klarna shrunk its workforce by 40% over the last two years, CEO Sebastian Siemiatkowski told CNBC The reduced headcount was ...

Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in ...

Klarna replaced 40% of its staff with AI, touting savings. However, customer dissatisfaction surged because the AI couldn't ...

When it comes to AI’s impact on the economy, there are two camps. In one camp, many economists reassure us that jobs lost to ...

The company’s full-time employee count dropped from over 5,500 at the end of 2022 to about 3,400 by December 2023 Swedish fintech firm Klarna has reduced its workforce by nearly 40 per cent over ...

Klarna CEO Sebastian Siemiatkowski said the company has managed to shrink its headcount by about 40%, in part due to investments in artificial intelligence and natural attrition in its workforce.

BNPL giant Klarna says it is fast approching $1 million in revenue per employee, spearheaded by its aggressive uptake of AI.