Smart coworkers Good comp and benefits Fun problems to solve Great food in HQ
Marketing org is toxic Horrible WLB Lack of internal alignment Shifting priorities Lack of culture
Even the layoff handling was close to perfection. 1) 14 weeks severance pay ( minimum ) 2) PTO unused will be paid 3) rsu vesting allowed for next 14 weeks 4) 6 months of Medical premium paid in cash 5) Help to find a new job in other companies 6) Immigration help to people on work visa 7) Eligib...Read more
Saw a couple posts on LinkedIn stating that Stripe did their second round of layoffs. Is this true?
In the works, be prepared. Severance will be offered, but the logistics are still being worked on and may not be as generous as Nov-2022. Salute to all Stripe employees, especially those who end up being affected🫡 Source: E-level
Have an ex-colleague at the senior leadership level who was saying that layoffs will happen sometime in the next quarter (Q3). I trust this source, just be cautious if you wish to proceed with an offer from Stripe. TC: 460k
Heard there is stripe layoffs in Aug/Sept as they over hired last year. Fintech isn’t doing great as well so layoff is expected. I think hiring was paused so any new joiners please be careful.
Looks like layoffs at Stripe. I’m seeing a few Stripe employees now posting that they’re open to work Or maybe soft layoffs via PiP? @stripe
Just heard from a reliable source that Stripe is preparing for another massive batch of layoffs. The CEO is thinking of reducing the company by 40%. Stripe mates, stay safe out there.
https://stripe.com/newsroom/news/ceo-patrick-collisons-email-to-stripe-employees
https://stripe.com/newsroom/news/ceo-patrick-collisons-email-to-stripe-employees
Has Stripe flirted with the idea of layoffs? Should new hires or people currently interviewing fear for their lives?
Stripe was pretty known to not have the best WLB. With the lay offs, do you think the WLB will get even worse? Would most employees be able to cope? #stripe
Just saw the news https://www.cnbc.com/2022/11/03/stripe-plans-to-lay-off-14percent-of-workers.html The communication seems very nice. It has extensive details and a lot of support for laid off folks. How are Stripes doing? #stripe
Fintech is getting absolutely destroyed by wall street, people are spending less and saving their money. PayPal already kicked off their layoffs. Winter is coming…