5 mins read
Share this article:

Don't replace, reskill | Why Klarna could 'pay later' as it plans to halve workforce with AI

  • 5 mins read
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
Why Klarna could 'pay later' as it plans to halve workforce with AI

Popular buy now, pay later app Klarna hit the headlines earlier this week when CEO Sebastian Siemiatkowski announced plans to drop the company’s headcount by half – around 2,000 employees – through artificial intelligence (AI).

In a statement to the Financial Times, Siemiatkowski revealed his belief that the company could run just as effectively even with just half of its current staff.

Subscribe now to myGrapevine+ and get access to our comprehensive knowledge portal.

Monthly
£9 £27.99
for the first 3 months
T&Cs apply.
or
Annual
£100 £299
for the first year
T&Cs apply.
Already a subscriber?Sign in

Welcome Back

Forgot your password?
Not a subscriber yet?

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.

Recommended

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Column
  • 7 mins read

World Menopause Day | 'Half the workforce' why HR can't afford to get menopause support wrong

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast
  • 21:26

Podcast | VP HR, Thales UK: Turning talent attraction into long-term career growth

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature
  • 5 mins read

Wow factor | How ZSL rewards the people who dedicate their lives to global conservation

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Employment law 2027: are you ready? What to do before and after 1 January

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Report

Parental Leave Benchmark 2026

© 1979-2026 Executive Grapevine International Limited
Goldman Sachs 10,000 Small Businesses Alumni