Klarna to slash jobs after $39-billion valuation loss

Swedish buy-now-pay-later company Klarna Bank AB announced it will lay off employees as part of its plans to restructure parts of its business. This comes after losing $39 billion in valuation. The company plans to pursue a slower-growing, smaller operation, people familiar with the matter said. In a meeting this week, a manager in Klarna’s […] The post Klarna to slash jobs after $39-billion valuation loss appeared first on Digital Commerce 360.