๐“๐ก๐ž ๐‡๐ข๐๐๐ž๐ง ๐‘๐Ž๐ˆ ๐จ๐Ÿ โ€œ๐๐จ๐ญ ๐…๐ข๐ซ๐ข๐ง๐ โ€ ๐š๐ง๐ ๐‹๐ž๐ญ๐ญ๐ข๐ง๐  ๐€๐ญ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐ƒ๐จ ๐ญ๐ก๐ž ๐–๐จ๐ซ๐ค

For the last two years, Iโ€™ve been saying: ๐‘‡โ„Ž๐‘’ ๐‘๐‘Ž๐‘กโ„Ž ๐‘“๐‘œ๐‘Ÿ๐‘ค๐‘Ž๐‘Ÿ๐‘‘ ๐‘“๐‘œ๐‘Ÿ ๐‘’๐‘›๐‘ก๐‘’๐‘Ÿ๐‘๐‘Ÿ๐‘–๐‘ ๐‘’๐‘  ๐‘–๐‘ ๐‘›โ€™๐‘ก ๐‘Ž๐‘๐‘œ๐‘ข๐‘ก ๐‘๐‘ข๐‘ก๐‘ก๐‘–๐‘›๐‘” ๐‘—๐‘œ๐‘๐‘ , ๐‘–๐‘กโ€™๐‘  ๐‘Ž๐‘๐‘œ๐‘ข๐‘ก ๐‘ ๐‘š๐‘Ž๐‘Ÿ๐‘ก๐‘’๐‘Ÿ ๐‘™๐‘’๐‘Ž๐‘‘๐‘’๐‘Ÿ๐‘ โ„Ž๐‘–๐‘ ๐‘กโ„Ž๐‘Ž๐‘ก ๐‘’๐‘š๐‘๐‘Ÿ๐‘Ž๐‘๐‘’๐‘  โ€œ๐‘›๐‘œ๐‘ก ๐‘“๐‘–๐‘Ÿ๐‘’, ๐‘‘๐‘œ๐‘›โ€™๐‘ก โ„Ž๐‘–๐‘Ÿ๐‘’.โ€ Klarnaโ€™s and Sebastian Siemiatkowskiโ€™s workforce strategy, along with my own, is showing that there is proof this approach works.

Hereโ€™s the data:
โ€ข Klarna reduced its workforce significantly, from 4,500 employees to 3,500, in just one year.
โ€ข They achieved this not through layoffs but by ๐š๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ง๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐š๐ญ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง to take place.
โ€ข By combining this with ๐€๐ˆ ๐š๐ง๐ ๐š๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง, Klarna has maintained efficiency while avoiding the costs and disruption of hiring new employees to fill those gaps.

This is the kind of ROI enterprises need to prioritize, one that enhances operations without harming morale or creating fear among employees. Klarnaโ€™s results show how natural attrition, paired with strategic automation, can sustain the business and deliver value.

And letโ€™s not overlook Klarnaโ€™s broader transformation:

โ€ข From their first transaction in 2005 to now serving ๐Ÿ–๐Ÿ“ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐œ๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ÿ“๐ŸŽ๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ ๐ซ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ซ๐ฌ ๐š๐œ๐ซ๐จ๐ฌ๐ฌ ๐Ÿ’๐Ÿ“ ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ, Klarna continues to redefine what agility and scale mean in fintech.

When I talk about โ€œnot fire, donโ€™t hire,โ€ I mean focusing on ๐ž๐ฆ๐ฉ๐จ๐ฐ๐ž๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ค๐Ÿ๐จ๐ซ๐œ๐ž ๐ฒ๐จ๐ฎ ๐š๐ฅ๐ซ๐ž๐š๐๐ฒ ๐ก๐š๐ฏ๐ž while strategically deploying AI and automation to handle the rest. Itโ€™s a win-win for businesses and employees.

This isnโ€™t just about saving costs, itโ€™s about creating trust, fostering innovation, and showing your workforce that technology works with them, not against them.

๐–๐ก๐š๐ญโ€™๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐ญ๐š๐ค๐ž? Could your organization benefit from โ€œnot fire, donโ€™t hireโ€?

๐Œ๐ฒ ๐ฅ๐š๐ฌ๐ญ ๐ฉ๐จ๐ข๐ง๐ญ ๐š๐ง๐ ๐š #2025 ๐ฉ๐ซ๐ž๐๐ข๐œ๐ญ๐ข๐จ๐ง, is if your not taking this approach in your own companies than just wait until you see how fast companies will do the same and do so by ๐Ÿ๐ŸŽ๐ฑ ๐ญ๐ก๐š๐ง๐ค๐ฌ ๐ญ๐จ ๐€๐ˆ ๐€๐ ๐ž๐ง๐ญ๐ฌ ๐š๐ง๐ ๐Œ๐€๐’ – ๐Œ๐ฎ๐ฅ๐ญ๐ข-๐€๐ ๐ž๐ง๐ญ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐จ๐ซ ๐…๐ซ๐š๐ฆ๐ž๐ฐ๐จ๐ซ๐ค๐ฌโ€ฆ

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Doug Shannon

Doug Shannon, a top 50 global leader in intelligent automation, shares regular insights from his 20+ years of experience in digital transformation, AI, and self-healing automation solutions for enterprise success.