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With new cuts, Klarna joins the ranks of companies having to conduct more than one layoff

TechCrunch LogoTechCrunch1w ago

With new cuts, Klarna joins the ranks of companies having to conduct more than one layoff - TechCrunch

Quick Summary:

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.

Unfortunately, the cuts also come three weeks after CEO Sebastian Siemiatkowski told Bloomberg that he company was done making layoffs.


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Article Details

Author / Journalist: Connie Loizos

Category: Technology

Topics: Layoffs Fintech TC Klarna

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22, 18:35:41

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 4 minutes read

Article Length: 566 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 475980

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