Tag: Camilla Giesiecke

Klarna’s Worsening Burn Rate Forces Additional Lay-Offs!

Fintech Charlene Lensburg - September 23, 2022

The Swedish buy-now-pay-later fintech Klarna is planning a second round of layoffs, four months after it cut 10% of its global workforce, Sifted reports. In a live video message sent to employees, the company’s Chief Operating and Expansion Officer, Camilla Giesecke (LinkedIn), announced that the organization needed to make further cuts “to reflect the more focused nature of today’s Klarna.” Klarna confirmed the new round of job cuts to Sifted and said fewer than 100 employees would be affected globally.

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