Stripe Cutting Headcount by 14% As It Readies for ‘Leaner Times’- 1000+ Jobs To Be Cut
Stripe Inc., one of the world’s most valuable startups, will cut more than 1000 jobs as it seeks to rein in costs.
Stripe Inc., one of the world's most valuable startups, will cut more than 1,000 jobs as it seeks to rein in costs ahead of any economic downturn. The payments company will cut its workforce by 14% this week, returning headcount to the almost 7,000 total from February, co-founders Patrick and John Collison said in an email to staff seen by Bloomberg News. The two vowed to trim expenses more broadly as!-->…