Klarna announces fresh round of lay offs, less than a month after CEO said cuts were done

Quick Take

  • Buy-now, pay-later firm Klarna announced its second set of layoffs on Thursday. 
  • The Swedish firm previously cut 10% of its staff in May and its CEO told Bloomberg recently that cuts were done.

Klarna, a Swedish fintech offering credit to people shopping online, has announced a fresh round of job cuts just weeks after its CEO had said cost cutting via job losses was over. 

The buy-now, pay-later (BNPL) pioneer revealed plans to cut more staff on Monday, local Swedish outlet SvD first reported. The cuts were announced by chief operating and expansion officer, Camilla Giesecke, in a video broadcast on Monday afternoon — which was later circulated on the company's intranet. 

Per a statement shared with The Block a company sp