Stripe Layoffs: Global Fintech Firm To Lay Off 300 Employees From Its Total Workforce To Ensure Right People Work in Right Role, Plans To Hire in Future, Says Report
Stripe, a global fintech giant will reportedly lay off around 300 employees from its workforce to ensure right people in team for roles. Despite Stripe layoffs, the company said to hire more people in the future.
San Francisco, January 22:슬롯 머신 사이트 추천Global fintech giant Stripe슬롯 머신 사이트 추천will reportedly슬롯 머신 사이트 추천lay off hundreds of employees슬롯 머신 사이트 추천from multiple departments슬롯 머신 사이트 추천to ensure it has the right people for the right jobs. The Stripe layoffs슬롯 머신 사이트 추천were reportedly announced through a "leaked memo" which shared the information that employees working in engineering, product and operations would be affected. Despite the job cuts, the fintech company said it would consider hiring more people.
Stripe said that the job cuts would affect 300 people and슬롯 머신 사이트 추천various departments.슬롯 머신 사이트 추천Rob Mclntosh, Stripe's Chief People Officer,슬롯 머신 사이트 추천said that despite reducing its workforce,슬롯 머신 사이트 추천the슬롯 머신 사이트 추천fintech슬롯 머신 사이트 추천firm would hire 17% more슬롯 머신 사이트 추천employees in the future.슬롯 머신 사이트 추천According to a슬롯 머신 사이트 추천슬롯 머신 사이트 추천by슬롯 머신 사이트 추천TechCrunch,슬롯 머신 사이트 추천Stripe's headcount increase announcement could슬롯 머신 사이트 추천increase the numbers of the total workforce from 8,550 to 10,000, with a 17% increase.슬롯 머신 사이트 추천HCLTech Job Hiring: Tech Firm Announces 5,000 Employment Opportunities As It Expands IT Footprint in Hyderabad With New Tech Centre.
Stripe Chief People Officer슬롯 머신 사이트 추천Rob Mclntosh said that슬롯 머신 사이트 추천the layoffs슬롯 머신 사이트 추천would be implemented슬롯 머신 사이트 추천as the슬롯 머신 사이트 추천company became clear that several team-level changes were needed to ensure the슬롯 머신 사이트 추천employee numbers met its plans.슬롯 머신 사이트 추천He said that the Stripe layoffs step would ensure that the company employed the right people in the right roles and locations to complete슬롯 머신 사이트 추천its plans.
Stripe laid off around 1,120 employees in슬롯 머신 사이트 추천November 2022, affecting around 14% of its workforce of 8,000 people. Since then, the슬롯 머신 사이트 추천company has not슬롯 머신 사이트 추천announced any job cuts슬롯 머신 사이트 추천until 2025. Despite its good stature슬롯 머신 사이트 추천in the슬롯 머신 사이트 추천fintech market and around USD 70 billion valuation (as of슬롯 머신 사이트 추천July 2024), the company슬롯 머신 사이트 추천is not publicly listed. The report mentioned that Stripe was long expected to go public; instead, it raised funds and conducted a tender, providing liquidity to the employees.슬롯 머신 사이트 추천Hiring in India Up by 31% in December 2024, AI Job Market Records 42% Growth Over Two Years: Foundit Report.
So far, the company has슬롯 머신 사이트 추천announced laying off employees with a hint of hiring in the future, increasing its workforce by슬롯 머신 사이트 추천adding슬롯 머신 사이트 추천nearly 1,500 employees. However, this year, due to the advancement of technologies like automation and AI (artificial intelligence) and global competition, the tech industry is expected to lay off more employees in 2025.
(The above story first appeared on LatestLY on Jan 22, 2025 04:34 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).