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Klarna plans to lay off 10% of workers due to poor market conditions
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Buy now pay later giant Klarna is to lay off about one-in-10 of its employees, as the company fights against a worsening economic climate across the globe.
Klarna's chief executive and co-founder, Sebastian Siemiatkowski said in a blog post on 23 May that the layoffs were a result of worsening market conditions caused in part by Russia’s war on Ukraine and rising inflation.
He...
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