Fintech giant Klarna has reached an agreement with workers who were going to strike next week, the company told TechCrunch today.
Klarna employees planned to strike next week in Sweden, the fintech’s home country, it was reported tech.eu/2023/11/01/i-am-scared-of-what-is-going-to-happen-say-klarna-employees-ahead-of-expected-strike/”>technology.eu.
The dispute was reportedly due to the lack of a collective bargaining agreement (CBA). a written legal contract between an employer and a union that represents employees. Almost 90% of all employees in Sweden they are covered by the terms and conditions of various collective agreements, but Klarna employees were among the 10% who were not.
By email, CEO and co-founder of Klarna Sebastian Siemiatkowski told TechCrunch on Friday that “after an intense week of negotiations,” the company had reached an agreement. join the Bank Employers’ Organization by January 1, 2024. The company also reached an agreement with the Finansförbundet union “to sign a collective agreement that will also include members of all unions belonging to the central organization Saco.” Saco is the Swedish Confederation of Professional Associations. According to your websiteIt has almost 1 million members.
Siemiatkowski added that during the negotiations Klarna particularly focused on the collaboration agreement, “which regulates how we will work together.”
“I am glad that we have reached an agreement that combines the agility of Klarna with the clarity of the Swedish model. “Our focus in negotiations has been to ensure operational freedom, remain able to make quick decisions and cultivate our unique and successful culture,” she said. “I am confident that we will benefit from this agreement and that Klarna can contribute to strengthening the Swedish model from within.”
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