Klarna faces backlash
Klarna faces backlash
- Jun 03, 2022
- 281 views
- 0 comments
-
Share
Klarna Bank is facing major backlash after its CEO stirred controversy by publishing a list of hundreds of employees who the company had laid off recently.
The financial technology company said last week that it would cut about 10% of its roughly 5,000 workers to trim costs after a loss of $487 million last year. On May 30th, Klarna CEO Sebastian Siemiatkowski posted a link to a Google spreadsheet listing hundreds of laid-off employees by name. In his defense, he posted the list only to connect them to recruiters and in an effort to help them find new jobs. In his post, he called the document "a tangible symbol of a very hard decision that saddens me deeply and will stay with me for a long period of time."
The publication of the document was not however so well-received, netizens expressed mixed feelings through heated replies, and at least two critics called him "tone deaf". One of the major issues pointed out was that the document contained the email addresses of all the workers, this brought out the need to protect one's privacy. The employee who put together the document eventually deleted the email column. One comment read "maybe Kalrna should consider nee leadership, not letting go of talented staff." Others, however, applauded Siemiatkowski's efforts as a former employer to find new employment for the workers. Klarna made it clear that the names that appeared on
the list signed up voluntarily and the content is not owned by the company.
Source: CBS News
- 281 views
- 0 comments
You might also like
Best tech jobs in the United States : BLS data
- Sep 06, 2022
- 472 views
- 0 comments
For several reasons, the IT sector is appealing to job seekers. ...Read more
Salaries for Californian fast food employees might rise to $22 per hour
- Sep 06, 2022
- 448 views
- 0 comments
Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more
Workers leave as job dissatisfaction grows
- Aug 17, 2022
- 505 views
- 0 comments
Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more
Microsoft offers graduates from African nations job prospects in the US & Canada
- Aug 17, 2022
- 421 views
- 0 comments
New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more
Casper is hiring professional sleepers
- Aug 10, 2022
- 478 views
- 0 comments
A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more
Category
-
Contemporary Issues
-
Succession Planning
-
Employee Engagement
-
Employment Branding
-
Analytical Aptitude
-
Parental Leave
-
Open Enrollment
-
Disaster Preparation & Response
-
Workplace Culture
-
Health Savings Accounts
-
Electronic Records Management
-
Work Life Integration
-
Executive Compensation
-
Retaliation
-
Employee Resource Groups
-
Inclusion, Equity & Diversity
-
Recruiting
-
Mentoring & Coaching
-
Paid Leave
-
Workplace Wellness
-
Payroll
-
Gender Identity
-
Fiduciary Duty
-
HR Careers
-
Records & Reports
-
Eligibility Verification (I-9)
-
Whistleblowing
-
Background Checks
-
Networking
-
Privacy
-
Job Descriptions
-
Workplance Violence
-
Downsizing
-
Educational Assistance
-
Communicable Diseases
-
Workplace Harassment
-
Organization & Employee Development
-
Mental Wellness
-
Religion & Spirituality
-
Employment Offers
-
Employment Contracts
-
Guides
-
Trends
-
Intellectual Property
-
Hiring & Firing
-
People Management
-
Bonuses & Incentives
-
Work Visas
-
Retirement Benefits
-
Employee Relations
Articles
Background checks are one of the pre-employment requisites to prevent bad hires. About 96% of emplo ...Read more
From the peak of the pandemic in 2020 through the Great Resignation wave, unionization has been a ...Read more
Americans live paycheck to paycheck, making it difficult to leave their current employer. All thing ...Read more
It’s no secret that the healthcare sector has been reigning in all its powers over the years, parti ...Read more