Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Klarna criticised for chaotic handling of job cuts

Klarna's headquarters in Stockholm, Sweden.
Klarna's headquarters in Stockholm, Sweden. Photograph: Supantha Mukherjee/Reuters

Sacked staff have criticised the buy now pay later firm Klarna for its chaotic handling of job cuts, including in the UK, and questioned the chief executive’s decision to publicise a list of fired staff who are now scrambling for work.

UK employees affected by the cuts told the Guardian they felt “blindsided” by the Swedish firm’s announcement last week, when its co-founder and boss Sebastian Siemiatkowski revealed it would be cutting more than 700 of its 7,000-plus global staff, including some hired just weeks earlier.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.