Klarna plans to cut workforce by nearly half with AI

'Not only can we do more with less, but we can do much more with less,' CEO says

clock • 3 min read
Klarna plans to cut workforce by nearly half with AI
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Klarna plans to cut workforce by nearly half with AI

Klarna, the prominent "buy now, pay later" fintech company, plans to significantly reduce its workforce as it continues to invest in the AI technology.

The firm, which is based in Sweden and has already shed over 1,000 jobs in the past year, aims to brings its employee count to as few as 2,000 in the coming years to streamline operations and prepa...

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