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    Home»Business»Payment Processor Stripe Lays Off Employees Via Cartoon Duck
    Business

    Payment Processor Stripe Lays Off Employees Via Cartoon Duck

    The Daily FuseBy The Daily FuseJanuary 24, 2025No Comments2 Mins Read
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    Payment Processor Stripe Lays Off Employees Via Cartoon Duck
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    Information of layoffs has appeared nonstop in January, with CNN, Citigroup, and Microsoft all reducing roles this week alone. Normally, these notices are fairly customary—heavy on the authorized wording, and light-weight on the cartoons.

    However that wasn’t the case at Stripe, a funds software program firm that laid off 300 employees on Monday. Some workers within the varied roles affected (product, operations, engineering) have been notified by an illustration of a cartoon duck, Business Insider reports. The dates on the termination notices have been additionally incorrect.

    Associated: ‘We Will Have Job Eliminations’: Starbucks CEO Announces Corporate Layoffs Will Begin Soon

    The illustration was despatched as a PDF attachment and stated, “US-Non-California Duck.” Enterprise Insider acquired an image of the yellow duck from workers on a Blind chat.

    “The comms to these laid off have been flubbed fully,” one worker reportedly wrote.

    Software program firm Stripe laid off 300 workers this week and mysteriously and confusingly included a photograph of a duck within the electronic mail that notified staff they’d been let go.

    Whereas this was clearly a preventable gaffe, the far larger one was ##Stripe telling 300 human beings they’d… pic.twitter.com/oeIIWhkwOu

    — Mark C. Crowley (@MarkCCrowley) January 23, 2025

    A Stripe consultant advised Enterprise Insider that follow-up emails went out to affected workers.

    “I apologize for the error and any confusion it precipitated,” wrote Rob McIntosh, the corporate’s chief individuals officer. “Corrected and full notifications have since been despatched to all impacted Stripes.”

    Associated: Citigroup Eliminated More Jobs This Week. Here Are the Roles Affected.

    Stripe is valued at $70 billion within the non-public markets, per CNBC.

    Regardless of the cuts, McIntosh stated the corporate is “not slowing down hiring” and expects to extend its workforce by 17% this yr to 10,000.





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