"To some degree, all of us were lucky that we took that decision in May because, as we've been tracking the people who left Klarna behind, basically almost everyone got a job," Siemiatkowski said.His comments may raise eyebrows for former employees,the layoffs were abrupt, unexpected and messily communicated. Klarna informed staff of the redundancies in a pre-recorded video message.
"I think to some degree actually, Klarna was ahead of the curve," he said. "If you look at it now, there's been tons of people who've been making similar decisions." Siemiatkowski said there was some "insanity" caused by the competition among tech firms to attract the best talent. The job market was largely employee-driven, particularly in tech, as employers struggled to fill vacancies.
Earlier this month, Meta, Twitter and Amazon all announced they would lay off thousands of workers. Meta let go 11,000 of its employees, while Amazon parted with 10,000 workers. Under the reign of its new owner Elon Musk, Twitter laid off about half of its workforce.amid rising interest rates, high inflation and the prospect of a global economic downturn.
It wasn’t luck. It was good Klarna.
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