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?
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Stripe mistakenly sent some workers an image of a duck as it announced 300 lay offsIn 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.” 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 ...
The wave of layoffs in tech industry in 2025 seems unstoppable, as giants like Amazon and Microsoft have tightened their ...
As layoffs continue to sweep across tech companies, firms continue to hire. Some even plan to grow their head count this year ...
Stripe Inc. is in discussions to arrange sales of stock by employees at an $85 billion valuation, people familiar with the ...
These factors have influenced Stripe’s decision to restructure and reduce its workforce. The announcement of layoffs at Stripe follows similar moves from other major tech and fintech firms that ...
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