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Klarna Financial Service Company Let’s Go 700 Employees With New AI Upgrade

Sydney Brooks by Sydney Brooks
September 21, 2024
in Business Tech
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Source: Klarna - on TechNewsToday.co.za

Source: Klarna - on TechNewsToday.co.za

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  • Klarna’s AI bot has taken on the workload equivalent to 700 employees, significantly streamlining customer service operations.
  • The success of the AI-powered bot has prompted Klarna to reevaluate its workforce, with plans to reduce the number of customer service employees from 3,000 to around 2,300.
  • Klarna’s CEO emphasizes the need for society to proactively address the impact of AI adoption on individuals, urging decision-makers to recognize that this shift is not a distant future scenario but a current reality.


Klarna’s AI bot has taken on the workload equivalent to 700 employees, raising questions about the fate of these positions. The CEO of Klarna emphasized that this shift isn’t a distant future scenario but is actively unfolding.

The Swedish Fintech company revealed that its AI assistant, developed in collaboration with OpenAI, has been managing two-thirds of its customer service chats globally for a month, totaling 2.3 million conversations across 35 languages. This technology, available on the Klarna app, aims to streamline processes such as refunds and returns, ultimately saving consumers time.

While the chatbot boasts a 25 percent decrease in recurring inquiries and improved accuracy in resolving tasks, Klarna customers still have the option to engage with human agents. However, Klarna’s CEO, Sebastian Siemiatkowski, has been vocal about the company’s strategic shift towards AI-driven operations, even announcing a freeze in hiring, excluding engineering roles, in favor of AI development.

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As a result of the success of the AI-powered bot, Klarna anticipates reducing its customer service workforce from 3,000 to around 2,300 employees. Siemiatkowski stressed the need for society to consider the implications of such technological advancements, advocating for a proactive approach to mitigate any negative impacts on individuals affected by these changes.

The partnership between Klarna and OpenAI underscores the growing trend of AI adoption in various sectors, with both parties aiming to harness AI’s potential to enhance productivity and everyday experiences.

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Tags: AIBusiness TechKlarna
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