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The Latest Breaking News from Klarna

A workforce management giant will lay off 1,750 employees to make way for AI

Nearly 8.5% of staffers will be affected as Workday joins the ranks of Salesforce and Klarna in paving a new way of work.

Fortune

Klarna’s CEO warns AI will replace human workers—and his company is already living it

“I am of the opinion that AI can already do all of the jobs that we, as humans, do,” Sebastian Siemiatkowski said.

Fortune

Amazon Prime members are losing one of their long-standing perks this month

Amazon is getting rid of one of its subscription benefits from 31 January, so if you want to Try Before You Buy, be quick.

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Klarna CEO says he feels 'gloomy' because AI is developing so quickly it'll soon be able to do his entire job

“My work to me is a super important part of who I am,” Sebastian Siemiatkowski said.

Fortune

FinTech Company to Begin Drug Testing Swedish Employees In January Ahead of IPO Move

For Mikaela Mijatovic, Klarna's director of people and HR, the move was "part of a larger effort to strengthen security across Klarna."

International Business Times UK

Affirm 'Buy Now, Pay Later' Rival Klarna Readies 2025 IPO

Affirm stock has climbed 32% in 2024. Rival buy now, pay later firm Klarna plans to launch an initial public offering in 2025.

Investors Business Daily

AI won’t take your job – but that doesn’t mean you should ignore it

Two influential tech CEOs have sparked a debate about AI’s effect on jobs. Klarna CEO Sebastian Siemiatkowski announced the buy-now, pay-later firm stopped hiring a year ago, claiming that AI can do most of the jobs that humans do. And the chief executive of AI firm Nvidia, Jensen Huang, has…

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'We Stopped Hiring!': FinTech CEO Reveals How AI Replaced Hundreds of Employees in a Year

Klarna has embraced AI, which has resulted in job cuts. Other tech giants, such as Google, IBM, and BT Group, have also adopted AI, reducing their workforces.

International Business Times UK

Black Friday spending jumps over a tenth despite quieter high streets

Nationwide building society said that, as of 2pm on Friday, its customers had made 5.24 million transactions.

The Independent UK

Affirm CEO Touts 'Buy-Now-Pay-Later' Leader's Bold Expansion Plan. 'We Have Lots Of Irons In The Fire'

Bullish investors on Affirm stock focus on its scale, transaction underwriting and partnerships amid fierce competition in the BNPL market.

Investors Business Daily

Klarna chooses New York over London for much-anticipated IPO

US filing by one of world’s largest buy now, pay later firms seen as another blow to London Stock Exchange

The Guardian - UK

I can’t stop using Klarna to buy now and pay later – and I’m suffering the consequences

LET’S UNPACK THAT: You may have paid off your car via three instalments, but what about your Friday night takeaway? Ellie Muir found herself hooked on using ‘Buy Now Pay Later’ services and in a constant cycle of payment deadlines she couldn’t afford

The Independent UK

Apple Pay added new ways to pay, like card rewards and installment plans

Finally, see how many points you have and what they're worth!

TechRadar

New ‘buy now, pay later’ rules to protect UK shoppers from 2026

Firms such as Klarna to be required to do affordability checks, but campaigners question delay in new rules

The Guardian - UK

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Fortune

Irish-founded unicorn Intercom ditches ChatGPT for Anthropic’s Claude

Intercom’s cofounder said there wasn’t a “gotcha” moment, but Claude outperformed ChatGPT on its “Torture Test.”

The Independent UK

People can use Klarna to pay for household repairs under new partnership

Klarna is working with small business platform Xero, so that smaller firms can accept payments.

TechRadar

Chat with this AI chatbot to find everything you want to buy

Klaran debuts AI chatbot shopping assistant.

The Guardian - UK

I paid off my £3,000 Klarna loan but the bills keep coming

I was told ownership of my account had been transferred to another company and Klarna won’t help

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Salon

Buy now, pay later a "ticking time bomb"

The buzz around companies like Klarna and Afterpay has waned but repeat users fuel massive growth

Windows Central

"Our chatbots perform the tasks of 700 people" with better customer ratings: AI takes center stage as a Swedish fintech shrinks its workforce by half

Klarna, a Swedish fintech company, plans to integrate AI into its workflow, allowing it to get things done faster and easier with fewer employees.

Fortune

Klarna has 1,800 employees it hopes AI will render obsolete

Klarna CEO Sebastian Siemiatkowski wants to trim his staff to 2,000, from a peak of 5,000, with the help of AI.

International Business Times UK

'Our Chatbots Perform The Tasks Of 700 People': Buy Now, Pay Later Company Klarna To Axe 2,000 Jobs As AI Takes On More Roles

As AI technology continues to advance, Klarna, a Swedish financial services company, is planning to reduce its workforce by almost 50% in favour of AI-powered automation.

Fortune

Klarna's CEO embraces AI and the 'Toyota Way'

The "buy now, pay later" CEO sees a lot of similarities between fintech and carmaking, particularly when it comes to security and quality.

Fortune

Klarna's CEO is embracing AI and expanding into credit cards

There's more to Klarna than "buy now, pay later."

Fortune

The IPO market is gaining steam. Who might list later this year?

Big debuts from Reddit and Astera Labs are raising hope the IPO market has finally rebounded. But it’s still not the soaring, go-go days of 2021.

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