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Klarna's CEO used a pre-recorded video message to tell employees around 700 of them were being laid off

1 month ago   |   By Business Insider

Klarna's valuation has slumped by about one-third since mid-2021. Shutterstock
Klarna, a "buy now, pay later" fintech, said Monday it will lay off 10% of its employees.
CEO Sebastian Siemiatkowski used a pre-recorded video message to break the news to staff.
Several prominent tech firms, including Robinhood and Netflix, have recently announced layoffs.
The CEO of Klarna used a pre-recorded video message to inform employees that around 700 of them were being laid off. Sebastian Siemiatkowski cited "a tragic and unnecessary war in Ukraine, a shift in consumer sentiment, a steep increase in...
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