Corporate and M&A

Klarna to lay off 10% of workforce due to changing business climate

2022-05-24T07:57:00

Klarna

Germany’s Manager Magazin reports that Swedish fintech Klarna will lay off about ten percent of its roughly 7,000 employees. The startup, led by co-founder and CEO Sebastian Siemiatkowski, reportedly said that rising inflation and the war in Ukraine had impacted the business climate, making the move necessary. At its last ...

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