Klarna, the swedish payment giant, is laying off some ( seems like 10% or so ) their …...

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Klarna, the swedish payment giant, is laying off some ( seems like 10% or so ) their workforce, and apparently there were some hiccups in the process.

Klarna was one of the shining examples of new age Swedish unicorns and this news will adversely impact the local valuations and fund raising plans for others following in its footsteps towards growth.

This confirms that the global tech salary bubble has now burst, along with growth stock valuation bubble.