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Klarna CEO says the company stopped hiring a year ago because AI 'can already do all of the jobs'

Dec 14, 2024 - businessinsider.com
Klarna CEO Sebastian Siemiatkowski has expressed strong support for the integration of artificial intelligence within the company, suggesting that AI is capable of performing all human jobs. Despite this, Klarna has not been actively hiring for the past year, reducing its workforce from 4,500 to 3,500 through natural attrition. Siemiatkowski mentioned that while the company is not expanding its workforce, it is backfilling essential roles, mainly in engineering.

The focus on AI has sparked concerns about its impact on employment, with a McKinsey & Company report predicting that 12 million American workers may need to change occupations by 2030 due to AI advancements. Siemiatkowski noted that the reduction in Klarna's total salary costs would benefit employees' paychecks. Although Klarna's website lists job openings, a spokesperson clarified that these are for essential roles rather than workforce expansion.

Key takeaways:

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  • Klarna CEO Sebastian Siemiatkowski believes AI can perform all human jobs and is focused on integrating AI into the company.
  • Klarna stopped hiring a year ago, reducing its workforce from 4,500 to 3,500 through natural attrition.
  • Despite advertising jobs online, Klarna is not actively recruiting but is backfilling essential roles, mainly in engineering.
  • Siemiatkowski mentioned that the reduction in total salary costs at Klarna will benefit employees' paychecks.
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