Technology

Klarna's CEO tells employees the company is laying off 10% of its 6,500+ workforce, following reports that it was raising money at a reduced valuation of $30B (Mimi Billing/Sifted)

Photo of Grace Will Grace Will May 23, 2022
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Mimi Billing / Sifted:

Klarna’s CEO tells employees the company is laying off 10% of its 6,500+ workforce, following reports that it was raising money at a reduced valuation of $30B  —  Last week, the Wall Street Journal reported that Klarna was seeking a new round of investment that could see its valuation brought down by a third, from $46bn to $30bn.



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