News

This week - a fresh round of generative AI productivity studies are in, and the data isn't impressive. But: execs aren't ...
Klarna, the AI-powered global payments and commerce network, today announced its Q1 2025 results, unveiling consumer milestones, surging market traction, and exceptional returns ...
It comes as Klarna remains in pause mode regarding a highly anticipated U.S. IPO that was set to value the SoftBank-backed company at over $15 billion. Klarna saw its losses jump in the first quarter ...
Swedish fintech company Klarna is reversing its decision to replace human employees with AI after facing declining service ...
Klarna is backpedaling after cutting hundreds of human jobs and replacing them with artificial intelligence. The Swedish ...
In comparison, 2024 saw around 1,50,000 job cuts across 549 companies. In May 2025, big tech companies Amazon, Google, and ...
Swedish fintech firm Klarna has reduced its workforce by nearly 40 per cent over the past two years, a change driven largely ...
Klarna CEO Sebastian Siemiatkowski told CNBC his company has shrunk its workforce by about 40%, in part due to its ...
The company’s latest worker reduction, its biggest in years, comes weeks after it reported upbeat earnings and guidance after ...
AI has enabled Klarna to have a smaller workforce, according to Forbes. Last fall, Cisco Systems embarked on a restructuring so it could invest in AI, cybersecurity and other growth areas ...