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Home Entrepreneurship

Payment Processor Stripe Lays Off Employees Via Cartoon Duck

TMI4U by TMI4U
January 24, 2025
in Entrepreneurship
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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 slicing roles this week alone. Often, these notices are fairly normal—heavy on the authorized wording, and lightweight on the cartoons.

However that wasn’t the case at Stripe, a funds software program firm that laid off 300 employees on Monday. Some staff 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 mentioned, “US-Non-California Duck.” Enterprise Insider obtained an image of the yellow duck from staff on a Blind chat.

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

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

Whereas this was clearly a preventable gaffe, the far greater 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 staff.

“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 mentioned the corporate is “not slowing down hiring” and expects to extend its workforce by 17% this 12 months to 10,000.




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