Klarna cuts 700 jobs

DateMay 23, 2022

CountrySweden

ReasonMarket downturn

IndustryFintech

People affected

700

10% of the workforce

Coverage

3 sources reporting this layoff. Previews load live from each site.

Fortune
Klarna layoffs signal trouble ahead for unicorns—and consumers | Fortune
The buy now, pay later giant preps for "a very different world."
fortune.com
The Pragmatic Engineer
Inside the Layoffs at Klarna
The FinTech company valued at $45B laid off 10% of its staff. How did it happen, and what can other companies learn from its execution?
blog.pragmaticengineer.com
FinTech Futures
BNPL giant Klarna to cut 10% of workforce amid “tumultuous year”
Klarna CEO says he remains “relentlessly optimistic” about the firm’s future.
fintechfutures.com

Inside the Layoffs at Klarna

The FinTech company valued at $45B laid off 10% of its staff. How did it happen, and what can other companies learn from its execution?

BNPL giant Klarna to cut 10% of workforce amid “tumultuous year”

Klarna CEO says he remains “relentlessly optimistic” about the firm’s future.

Klarna layoffs signal trouble ahead for unicorns—and consumers | Fortune

The buy now, pay later giant preps for "a very different world."