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The Latest Breaking News from Sebastian Siemiatkowski

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.

'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

'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.

International Business Times UK

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

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.

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

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

This £5.5B Start-Up Laid Off 700 Employees 2 Years Ago, Says AI Does All Of Their Work

Klarna claims its AI assistant handles diverse inquiries in 35 languages, typically within 2 minutes.

International Business Times UK

Klarna’s CEO embraced AI by telling OpenAI’s Sam Altman, “I want Klarna to be your favorite guinea pig”

As his fintech preps for an eventual IPO, Sebastian Siemiatkowski believes experimenting with AI is crucial.

Klarna CEO Siemiatkowski says buy now, pay later is used by shoppers who otherwise avoid credit

Sebastian Siemiatkowski is a co-founder and CEO of Klarna, the Sweden-based company that’s one of the world’s biggest providers of buy now, pay later services to customers

The Independent UK

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Buy now, pay later firm Klarna reports first month of profit in three years

Buy now, pay later firm Klarna reports first month of profit in three years

Fintech company still made second-quarter operating loss of £62m as calls grow for sector to be regulated

The Guardian - UK

Klarna slashes half-year loss by 67% and its CEO celebrates shattering 'misconceptions around business model'

Klarna slashes half-year loss by 67% and its CEO celebrates shattering 'misconceptions around business model'

Klarna's CEO, Sebastian Siemiatkowski, had announced last November that the company aimed to start posting quarterly profits by this summer.

Klarna makes major change to payment choices 'to put customers interests' first'

Klarna makes major change to payment choices 'to put customers interests' first'

People shopping directly through the KIarna app will be able to "opt out" of using credit which Klarna says will help people manage their money better and prevent debt

Sweden’s Klarna burned through $100 million a month to become a buy-now-pay-later giant in the U.S. Can ChatGPT help it turn a profit again?

Sweden’s Klarna burned through $100 million a month to become a buy-now-pay-later giant in the U.S. Can ChatGPT help it turn a profit again?

Klarna, a pioneering fintech startup, seeks a rebound after a year marked by layoffs and a plummeting valuation.

Klarna losses more than triple as consumer spending slows

Klarna losses more than triple as consumer spending slows

Buy now, pay later firm will issue smaller loans to some customers to return to profitability

The Guardian - UK

Klarna sees its value slashed by 85% in latest round of fundraising

Klarna sees its value slashed by 85% in latest round of fundraising

‘Buy now, pay later’ firm, once Europe’s most valuable private tech company, valued at less than $7bn

The Guardian - UK

Klarna criticised for chaotic handling of job cuts

Klarna criticised for chaotic handling of job cuts

UK employees said they were ‘blindsided’ by the Swedish firm’s announcement

The Guardian - UK

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Klarna to lay off 10 percent of its workforce as consumers shun layaway

Consumers just aren’t spending like they used to, laments CEO and co-founder Sebastian Siemiatkowski.

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