Klarna CEO Sebastian Siemiatkowski
Klarna CEO Sebastian Siemiatkowski
  • Klarna CEO Sebastian Siemiatkowski says the company is in a partial hiring freeze.
  • Siemiatkowski said the change was due to the potential of AI-powered tools such as ChatGPT. 
  • He told The Telegraph AI was "a threat to a lot of jobs" across the economy.

Klarna CEO Sebastian Siemiatkowski has said the Swedish fintech is no longer hiring new staff beyond its engineering department.

Siemiatkowski said the change was due to the use of AI-powered tools such as ChatGPT and their potential productivity gains, The Telegraph reported. He told the news outlet that AI was "a threat to a lot of jobs" across the economy.