Stripe cuts 300 jobs in product, engineering and operations
In 2022, Stripe cut roughly 1,100 jobs, or 14% of its workers, downsizing alongside most of the tech industry, as soaring inflation and rising interest rates forced companies to focus on profits over growth. The Information reported that Stripe had a few dozen layoffs in its recruiting department in 2023.
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Business Insider on MSN1d
Leaked memo: Stripe lays off 300 employees, mostly in product, engineering, and operationsStripe's chief people officer, Rob McIntosh, told employees in an email that the company still planned to grow its head count ...
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