Stripe lays off 300 employees, sends cartoon duck image by mistake

5 days ago 5

Stripe duck imageRob McIntosh, Stripe’s main radical officer, addressed the mistake successful a memo. (Photo: Stripe.com)

Stripe, the outgo processing company, precocious laid disconnected 300 employees, oregon astir 3.5% of its planetary workforce, arsenic portion of its yearly reappraisal and readying for growth. However, the termination notifications were marred by an accidental representation of a yellowish cartoon duck being sent to immoderate affected employees, reported CNN.

In addition, immoderate emails included incorrect termination dates, further compounding the blunder.

Rob McIntosh, Stripe’s main radical officer, addressed the mistake successful a memo, apologizing for the mistake and confirming that corrected notifications had been sent to each impacted employees.

The layoffs are portion of an yearly reappraisal and readying for growth, a spokesperson for Stripe confirmed. Stripe, which had astir 8,500 employees earlier the layoffs, aims to grow its workforce to 10,000 by year-end.

This incidental follows Stripe’s erstwhile layoffs successful 2022, erstwhile the institution reduced its unit by 14% amid a wider question of tech manufacture cutbacks.

(With inputs from CNN)

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