Annual number of Klarna employees 2011-2022
fears over a new U.S. recession in 2022 - as well as a growing savings interest rate impacted several companies that were growing at a fast pace in the wake of COVID-19 and when many people started exploring fintech solutions and cryptocurrency investments during lockdown.
Klarna's plans to lay off 10 percent of its workforce in 2022 mean the end of a significant increase in employees in previous years. The company reported to have hired more than 1,500 full-time equivalents or FTE worth of employees between December 31, 2020 and December 31, 2021, leading to nearly 4,800 FTE by the end of 2021. Estimates are this equaled a total workforce of roughly 7,000 people, of which 700 were confirmed to be laid off. Economic downturns - including