Topics
former
AI
Amazon
Image Credits:Chris Ratcliffe/Bloomberg / Getty Images
Apps
Biotech & Health
clime
Image Credits:Chris Ratcliffe/Bloomberg / Getty Images
Cloud Computing
Commerce
Crypto
endeavor
EVs
Fintech
Fundraising
Gadgets
gage
Government & Policy
ironware
Layoffs
Media & Entertainment
Meta
Microsoft
privateness
Robotics
Security
societal
distance
Startups
TikTok
Transportation
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
reach Us
Klarna CEO Sebastian Siemiatkowski recently toldBloomberg TVthat his fellowship basically stopped hiring a year ago and credited productive AI for enabling this massive workforce reduction .
However , despite Siemiatkowski ’s bullishness on AI , the company is not relying entirely on AI to substitute human worker who leave , as open Book of Job itemisation — for more man — and the caller ’s own statement confirm .
“ We stop hiring about a year ago . We were 4,500 , now we ’re 3,500 , ” Siemiatkowski told Bloomberg TV . “ We have a natural abrasion , as [ does ] every tech company . People stay about 5 years — so 20 % leave every class — and by not lease , we ’re simply shrinking . ”
The party ’s CEO also said he believes AI can effectively replace workers . “ I am of the opinion that AI can already do all of the jobs that we as humans do , ” said Siemiatkowski . “ We ’re gon na give some of the betterment [ from ] the efficiency that AI provides by increasing the pace at which the earnings of our employees increases . ”
But in recitation , while Klarna has significantly reduce its workforce in the last twelvemonth , the buy now , pay later company has not completely stopped hiring .
Klarna is presently hiring for more than 50 roles around the orb , concord tothe business postings paginate on its site . Furthermore , Klarna ’s managers have said they areactively hiringorgrowing their teamsat least half a dozen time throughout 2024 , accord to posts on LinkedIn view by TechCrunch . Klarna also hired several new employees in the last year to fill theatrical role on itspolicy , software engineering , andglobal partnershipsteams , according to LinkedIn billet from of late hired Klarna employee .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
“ When you look at it historically , we were charter between one to one and a half thousand people a year from 2019 to 2022 , ” said Craske in an e-mail . “ Now , we ’re not actively inscribe to expand the manpower but only backfilling some all important roles , preponderantly engineering . ”
In other words , not every job can be interchange with AI today .
While AI may be helping Klarna do more work with few citizenry , it ’s worth noting that Klarna hasthe same number of employees today as it did in 2021.Like most technical school companies , Klarna was hiring a lot during the pandemic . Many companies , admit Meta and Amazon , have reduced their workforces in the last few years , either by slowing down hiring or having layoff .
It ’s also worth taper out thatKlarna is looking to IPO shortly . Siemiatkowski could be seek to convince investors that his fellowship is aggressively incorporating generative AI into its workflows and that the benefit are already showing up .
But for most companies these days , AI espousal and implementation are happen at a much slower pace .
