Thursday, 11 September, 2025
Klarna Shifts AI Strategy from Extreme Cost-Cuts to Growth and Customer Value
Swedish fintech Klarna says it has over-relied on AI for cost reduction—cutting thousands of jobs and replacing software vendors—which boosted efficiency but hurt service quality and growth. Following its U.S. IPO, the company is now refocusing on enhancing products, improving customer and merchant experiences, and rehiring staff.
Read full story at Economic Times