5 mins read

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

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.

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