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Category: Klarna

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

The writing was on the wall, seemingly.  Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics…

Klarna’s CEO says it stopped hiring thanks to AI but still advertises many open positions

Klarna CEO Sebastian Siemiatkowski recently told Bloomberg TV that his company essentially stopped hiring a year ago and credited generative AI for enabling this massive workforce reduction. However, despite Siemiatkowski’s bullishness on AI, the company is not relying entirely on AI to replace human workers who leave, as open job listings — for more humans…

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