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

Why Klarna could 'pay later' for plans to halve its 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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