Klarna CEO: Spring 2022 Layoffs Were “Lucky” for Both Company and Employees

By all metrics, Swedish fintech startup Klarna, still one of top names in the buy now, pay later (BNPL) world, has had a string of remarkably bad luck. Following a massive downturn in the fintech market, the company’s difficulty meeting its aggressive expansion and profitability projections caused an 85% drop in its market value...