CEO Sebastian Siemiatkowski stated, 'By not hiring, we're simply shrinking,' reflecting the company's approach to reduce costs but enhance employee compensation through AI gains.
Siemiatkowski explained, 'What we've said to our employees is the total salary cost of Klarna is going to shrink, but part of the gain... will be seen in your paycheck.'
Employees are reportedly more motivated and are rallying to use AI for diverse tasks, showing a proactive approach towards integrating technology into their workflows.
The goal is to ultimately reduce the workforce to 2,000, using AI to fill roles previously held by humans, indicating a strategic shift towards automation.
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