Buy-now-pay-later giant Klarna is to lay off about one in 10 of its employees, as the company battles a worsening economic climate.
Klarna's chief executive and co-founder Sebastian Siemiatkowski said in a blog post on 23 May that the layoffs were a result of deteriorating market conditions caused in part by Russia’s war on Ukraine and rising inflation.
He...
Read more on fnlondon.com