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The Latest Breaking News from Klarna

The ‘Godfather of AI’ says this sector will be safe from being replaced by tech—but even then, only the ‘very skilled’ will hold down a job

Ex-Google AI boss Geoffery Hinton has a stark prediction for workers: Most of you are about to get replaced. Anthropic's and Klarna’s CEOs have issued similar warnings.

British Telecom Giant BT Announced 55,000 Job Cuts by 2030 — Now Even More Could Go Due to AI

British Telecom Giant BT Announced 55,000 Job Cuts by 2030 — Now Even More Could Go Due to AI

BT CEO Allison Kirkby warned that AI advancements could lead to further job cuts beyond the 55,000 already planned by 2030.

International Business Times UK

‘How did I get approved for $30,000?’: is buy now, pay later headed for a fall?

‘How did I get approved for $30,000?’: is buy now, pay later headed for a fall?

Advocates worry debt burden is worse with installment payments as credit card debt balloons to over $1tn in US

The Guardian - US

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The AI hype is just like the blockchain frenzy – here’s what happens when the hype dies

In recent years, artificial intelligence (AI) has taken centre stage across various industries. From AI-generated art to chatbots in customer service, every sector is seemingly poised for disruption.

The Conversation

AI agents are becoming power users of enterprise software and deciding which tools to buy next—and Microsoft knows it

The fastest-growing buyer in enterprise software runs on a GPU.

Huge Changes Are Coming To Buy Now, Pay Later Services: What You Need To Know

Under new rules, Buy Now, Pay Later services will be subject to the same regulations as credit cards in Australia.

Klarna CEO predicts AI-driven job displacement will cause a recession

Sebastian Siemiatkowski foresees mass AI-induced headcount reductions among white-collar workers.

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Buy now pay later provider Zilch to launch first physical card

Buy now pay later provider Zilch to launch first physical card

The fintech, which has been named one of the fastest-growing in the UK, said it means more of its customers can make payments in stores.

The Independent UK

Klarna Slashed 40% of its Staff for AI — Now They're Scrambling to Rehire Humans After Customer Backlash

Klarna Slashed 40% of its Staff for AI — Now They're Scrambling to Rehire Humans After Customer Backlash

Klarna replaced 40% of its staff with AI, touting savings. However, customer dissatisfaction surged because the AI couldn't handle complex issues, prompting Klarna to rehire humans.

International Business Times UK

Meta wants to replace its human workers with AI to review privacy and societal risks

Meta wants to replace its human workers with AI to review privacy and societal risks

Up to 90% of risk assessments could become automated. Other companies like Klarna, Salesforce, and Duolingo are looking at job shifts in the face of AI.

The Chime IPO: what would-be investors should know about its $31 a share private market valuation and more

The Chime IPO: what would-be investors should know about its $31 a share private market valuation and more

Chime reported losses in 2024 but posted a profit in Q1.

Duolingo CEO walks back AI-first comments: 'I do not see AI as replacing what our employees do'

Duolingo CEO walks back AI-first comments: 'I do not see AI as replacing what our employees do'

The post came a week after he said AI would replace contract workers and, eventually, human teachers.

Will Tech IPOs Finally Roar Back After Hinge Health, MNTN Rallies? 3 Things To Watch.

Will Tech IPOs Finally Roar Back After Hinge Health, MNTN Rallies? 3 Things To Watch.

Tech IPOs are slow to start the year but positive debuts from eToro, MNTN and Hinge Health could help.

Investors Business Daily

Klarna Posts Big Gains—But Mounting Consumer Debt and a Paused IPO Raise Red Flags

Klarna also stated that customer credit losses have skyrocketed to $136 million (£101.27 million), equivalent to a 17% year-on-year increase.

International Business Times UK

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The Independent UK

Klarna’s AI replaced 700 workers. It now wants some of them back to improve customer service

Klarna’s CEO has suggested that the AI job cuts have led to “lower quality” customer service

The Independent UK

Why are more shoppers struggling to repay 'buy now, pay later' loans?

Short-term lender Klarna says more customers are having trouble repaying their “buy now, pay later” loans

More Klarna customers could struggle to repay loans

Credit losses increased 17% year-over-year to $136 million in the first quarter.

Norway Wealth Fund is freezing hiring to focus on AI use, despite research showing AI projects seldom offer a return in investment

CEO Nicolai Tangen told Fortune the task of monitoring the risks of its 9,000 investments now takes minutes thanks to its AI.

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Frontline Innovators: How Employee Networks Drive Service Breakthroughs in 2025

In 2025, a quiet revolution is reshaping global business—not from executive suites but from the front lines, where sales and customer service employees engage customers daily. These frontline employees (FLEs) are proving to be powerful catalysts for innovation by leveraging networks within and across firms. My research, Frontline Knowledge Networks…

As Klarna flips from AI-first to hiring people again, a new landmark survey reveals most AI projects fail to deliver

Just 1 in 4 AI investments bring in the ROI they promise—but CEOs just can’t resist the technology.

Marc Andreessen predicts one of the few jobs that may survive the rise of AI automation

Marc Andreessen is predicting that at least one job is safe from the rise of AI: his own.

A quarter of U.S. consumers are now financing groceries with buy-now, pay-later as economic pressures mount, survey says

More than 40% of buy-now, pay-later users made a late payment in the past year, up from 34% the year before, according to data from Lending Tree.

In Q1 2025, AI commanded 71% of total VC deal value, according to PitchBook

For Q1 2025, AI has accounted for 71% of total VC deal value, according to new PitchBook data.

Wall Street was sure Trump would end a deal drought—now bankers are waiting some more

The founder of Athena Capital says she is now looking to 2026

Klarna and Stubhub reportedly pause going public with stock market in free fall over Trump tariffs

Both companies were slated to pitch to investors next week, and have no timeline to go to market.

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