Klarna Halts Hiring, CEO Claims AI Can Do All Jobs

2024-12-17

Klarna CEO Sebastian Siemiatkowski has claimed that AI can already perform all jobs currently done by humans, leading the fintech company to halt hiring a year ago. The company's workforce has shrunk from 4,500 to 3,500 employees through attrition. While Klarna's website still advertises open positions, a spokesperson clarified that the company is not actively recruiting to expand but filling essential roles, mainly in engineering. This announcement has fueled concerns about AI's impact on the job market.

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