Fintech giant Stripe is laying off 300 people on Tuesday, according to a leaked memo, as reported by Business Insider.
Stripe's chief people officer, Rob McIntosh, told employees in an email that the company still planned to grow its head count this year.
In a Monday memo, Stripe's chief people officer Rob McIntosh announced the layoffs, telling staffers the cuts would mostly impact employees in the product, engineering, and operation teams.
(NewsNation) — Payment company Stripe accidentally sent an image of a cartoon duck to some of the employees who were being fired in the company’s latest round of layoffs. Stripe is cutting 300 jobs ...
As layoffs continue to sweep across tech companies, firms continue to hire. Some even plan to grow their head count this year ...
Corrected and full notifications have since been sent to all impacted Stripes.” The payment processor’s layoffs and the curious incident of the duck were first reported by Business Insider.
Getting your ducks in a row, during layoffs. Stripe, a payment technology company and the Bay Area’s second most valuable startup, sent layoff notices to 300 workers Monday - accidentally ...
The tech startup, which launched in 2011, has suffered layoffs in the past. Stripe is a privately-held company, so most of its financials are not disclosed, but it was likely hit hard in 2022 ...
The wave of layoffs in tech industry in 2025 seems unstoppable, as giants like Amazon and Microsoft have tightened their ...