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Stripe cutting workforce

Stripe Lays Off 14% of Staff

November 3, 2022 by Mars1

The payment processing company Stripe is laying off 1,000 employees, or about 14% of its workforce. The layoff returns Stripe’s workforce to its February level of just under 7,000 employees. Stripe co-founders Patrick and John Collison admitted that it simply overextended itself this year in an email to employees. The company will especially cut back … [Read more…]

Posted in: Technology News Tagged: Stripe cutting workforce, Stripe lays off employees

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