financetom
Business
financetom
/
Business
/
Market Chatter: Klarna Saved $2 Million by Severing Ties With Salesforce, CEO Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Klarna Saved $2 Million by Severing Ties With Salesforce, CEO Says
Jun 4, 2025 10:56 AM

01:35 PM EDT, 06/04/2025 (MT Newswires) -- Klarna saved about $2 million by dropping Salesforce ( CRM ) and replacing it with in-house artificial intelligence tools, Bloomberg reported, citing Chief Executive Sebastian Siemiatkowski's comments at the SXSW London conference.

Klarna used to manage merchant data across different Salesforce ( CRM ) platforms, emails, calendars, and cloud documents. Now, it is consolidating everything into one system powered by AI, according to the report.

Since 2022, Klarna has reduced its staff by around 40% and automated many customer service tasks. Though the company had frozen hiring, it now plans to bring back some customer support roles, the report said.

Klarna and Salesforce ( CRM ) didn't immediately reply to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 263.14, Change: -1.34, Percent Change: -0.51

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
British American Tobacco to launch synthetic nicotine pouches
British American Tobacco to launch synthetic nicotine pouches
Oct 17, 2024
LONDON, Oct 16 (Reuters) - British American Tobacco ( BTI ) will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States, David Waterfield, president of the company's U.S. subsidiary Reynolds American, said on Wednesday. Smoking alternatives like vapes from big tobacco companies, including BAT, usually contain naturally occurring nicotine derived from the tobacco plant,...
British American Tobacco to launch synthetic nicotine pouches
British American Tobacco to launch synthetic nicotine pouches
Oct 17, 2024
(Corrects paragraph 9 to clarify comment is from Waterfield) LONDON (Reuters) -British American Tobacco (BAT) will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States, David Waterfield, president of the company's U.S. subsidiary Reynolds American, said on Wednesday. Smoking alternatives like vapes from big tobacco companies, including BAT, usually contain naturally occurring nicotine derived...
Abbott Laboratories Strategizing 'Price Wars' With CGM Flexibility, Oppenheimer Says
Abbott Laboratories Strategizing 'Price Wars' With CGM Flexibility, Oppenheimer Says
Oct 17, 2024
12:08 PM EDT, 10/17/2024 (MT Newswires) -- Abbott Laboratories ( ABT ) is positioning for potential price wars in the continuous glucose monitoring, or CGM, market with price flexibility tied to basal approvals outside the US, Oppenheimer said in a note Thursday. The company's integration of Volt pulsed field ablation into the EnSite mapping system offers the company a competitive...
--Street Color: Microsoft-Backed OpenAI, Bain Expand Collaboration to Sell ChatGPT to Clients, The Wall Street Journal Says
--Street Color: Microsoft-Backed OpenAI, Bain Expand Collaboration to Sell ChatGPT to Clients, The Wall Street Journal Says
Oct 17, 2024
12:11 PM EDT, 10/17/2024 (MT Newswires) -- Price: 418.40, Change: +2.27, Percent Change: +0.55 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved