With new cuts, Klarna joins the ranks of companies having to conduct more than one layoff
https://techcrunch.com/2022/09/22/with-new-cuts-klarna-joins-the-ranks-of-companies-having-to-conduct-more-than-one-layoff/
They say if you’re going to cut, cut deeply so you only have to do it once. Alas, a growing number of companies are realizing that despite layoffs earlier in the year, they need to cut back more now.
Klarna, the Stockholm, Sweden-based buy-now-pay-later outfit finds itself in this camp. According to the outlet Sifted, the 17-year-old company told employees on Monday in a video message from COO Camilla Giesecke that Klarna is reducing staff again to “reflect” its new and “more focused nature.”