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flag Klarna cut 800 jobs with AI, boosting U.S. revenue 38% and enabling a $15B+ IPO, despite job loss concerns.

flag Klarna CEO Sebastian Siemiatkowski says the company cut its workforce in half using AI, replacing about 800 customer service roles with an OpenAI-powered chatbot. flag Despite early quality issues, the shift helped drive 38% year-over-year revenue growth in the U.S. and contributed to a successful September IPO with a market cap over $15 billion. flag Siemiatkowski, who uses AI extensively in his work and personal life, warns that AI will cause significant near-term job losses, especially in knowledge work, and criticizes tech leaders for downplaying the impact. flag Though Klarna now emphasizes human support quality, staff dropped from 7,400 to 3,000.

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