For the last two years, Iโve been saying: ๐โ๐ ๐๐๐กโ ๐๐๐๐ค๐๐๐ ๐๐๐ ๐๐๐ก๐๐๐๐๐๐ ๐๐ ๐๐ ๐โ๐ก ๐๐๐๐ข๐ก ๐๐ข๐ก๐ก๐๐๐ ๐๐๐๐ , ๐๐กโ๐ ๐๐๐๐ข๐ก ๐ ๐๐๐๐ก๐๐ ๐๐๐๐๐๐๐ โ๐๐ ๐กโ๐๐ก ๐๐๐๐๐๐๐๐ โ๐๐๐ก ๐๐๐๐, ๐๐๐โ๐ก โ๐๐๐.โ Klarnaโs and Sebastian Siemiatkowskiโs workforce strategy, along with my own, is showing that there is proof this approach works.
Hereโs the data:
โข Klarna reduced its workforce significantly, from 4,500 employees to 3,500, in just one year.
โข They achieved this not through layoffs but by ๐๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ง๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง to take place.
โข By combining this with ๐๐ ๐๐ง๐ ๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐จ๐ง, 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. Klarnaโs results show how natural attrition, paired with strategic automation, can sustain the business and deliver value.
And letโs not overlook Klarnaโs broader transformation:
โข From their first transaction in 2005 to now serving ๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐,๐๐๐ ๐ซ๐๐ญ๐๐ข๐ฅ๐๐ซ๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ๐ฌ, Klarna continues to redefine what agility and scale mean in fintech.
When I talk about โnot fire, donโt hire,โ I mean focusing on ๐๐ฆ๐ฉ๐จ๐ฐ๐๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฐ๐จ๐ซ๐ค๐๐จ๐ซ๐๐ ๐ฒ๐จ๐ฎ ๐๐ฅ๐ซ๐๐๐๐ฒ ๐ก๐๐ฏ๐ while strategically deploying AI and automation to handle the rest. Itโs a win-win for businesses and employees.
This isnโt just about saving costs, itโs about creating trust, fostering innovation, and showing your workforce that technology works with them, not against them.
๐๐ก๐๐ญโ๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐ญ๐๐ค๐? Could your organization benefit from โnot fire, donโt hireโ?
๐๐ฒ ๐ฅ๐๐ฌ๐ญ ๐ฉ๐จ๐ข๐ง๐ญ ๐๐ง๐ ๐ #2025 ๐ฉ๐ซ๐๐๐ข๐๐ญ๐ข๐จ๐ง, 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 ๐๐๐ฑ ๐ญ๐ก๐๐ง๐ค๐ฌ ๐ญ๐จ ๐๐ ๐๐ ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐๐ – ๐๐ฎ๐ฅ๐ญ๐ข-๐๐ ๐๐ง๐ญ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐จ๐ซ ๐
๐ซ๐๐ฆ๐๐ฐ๐จ๐ซ๐ค๐ฌโฆ
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๐ก๐ผ๐๐ถ๐ฐ๐ฒ: The views within any of my posts, or newsletters are not those of my employer or the employers of any contributing experts. ๐๐ถ๐ธ๐ฒ ๐ this? Feel free to reshare, repost, and join the conversation.