Stripe's chief people officer, Rob McIntosh, told employees in an email that the company still planned to grow its head count this year.
Stripe, the Bay Area’s second most valuable startup, emailed a layoff notice to 300 workers - along with a cartoon picture. Is this the way to handle layoffs?
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.
"Corrected and full notifications have since been sent to all impacted Stripes." In a separate email to staff confirming the layoffs, McIntosh said Stripe still planned on growing its head count ...
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.
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 ...
Many US tech giants such as Microsoft, Meta, Amazon, Salesforce, Walmart, Stripe and other companies have announced job cuts ...
The wave of layoffs in tech industry in 2025 seems unstoppable, as giants like Amazon and Microsoft have tightened their ...