WTF?! Getting laid off is likely one of the most disagreeable experiences anybody can face, however digital cost software program large Stripe managed to make it even worse. The corporate is shedding 300 folks this week, a few of whom acquired a PDF picture of a cartoon duck within the emails giving them the dangerous information. If that wasn’t sufficient, affected employees additionally acquired an incorrect termination date.
Stripe laid off 300 staff, equal to round 3.5% of its workforce, on Monday, with a lot of the roles within the product, engineering, and operations departments.
Enterprise Insider stories that a few of these staff acquired a PDF file connected to their termination emails. It confirmed a cartoon yellow duck with brown feathers, together with textual content that learn “US-Non-California Duck.” Including insult to harm was the truth that the e-mail contained the unsuitable termination dates.
Stripe confirmed to Enterprise Insider that the picture of the duck was not a misguided try to minimize staff’ ache upon listening to they have been being let go. Like the wrong dates, the duck’s inclusion was a mistake on the corporate’s half.
Stripe stated that it intends to extend its head rely by round 10,000 folks by the top of the yr. The assertion was doubtless meant to attract consideration away from the 300 folks laid off and its penchant for together with Disney-like waterfowl in termination notices.
Workers have been understandably unimpressed by the incident, noting on an inner Stripe group on the Blind app that it was one other “indication the comms to these laid off have been flubbed fully.” One jokingly instructed making a slack emoji of the duck.
The story brings to thoughts different situations of terminations that have been made worse by these implementing them, such because the Higher.com boss who fired 900 staff throughout a three-minute Zoom name, and the CEO who removed 90% of his staff, lots of whom have been unpaid, for lacking a gathering.
We’re only some weeks into 2025 however there have already been some massive layoffs at tech corporations, together with Meta shedding 5% of its workforce and Microsoft making performance-based cuts. A current report discovered that the IT job market declined for a second consecutive yr in 2024, although AI and cybersecurity roles stay in demand.
WTF?! Getting laid off is likely one of the most disagreeable experiences anybody can face, however digital cost software program large Stripe managed to make it even worse. The corporate is shedding 300 folks this week, a few of whom acquired a PDF picture of a cartoon duck within the emails giving them the dangerous information. If that wasn’t sufficient, affected employees additionally acquired an incorrect termination date.
Stripe laid off 300 staff, equal to round 3.5% of its workforce, on Monday, with a lot of the roles within the product, engineering, and operations departments.
Enterprise Insider stories that a few of these staff acquired a PDF file connected to their termination emails. It confirmed a cartoon yellow duck with brown feathers, together with textual content that learn “US-Non-California Duck.” Including insult to harm was the truth that the e-mail contained the unsuitable termination dates.
Stripe confirmed to Enterprise Insider that the picture of the duck was not a misguided try to minimize staff’ ache upon listening to they have been being let go. Like the wrong dates, the duck’s inclusion was a mistake on the corporate’s half.
Stripe stated that it intends to extend its head rely by round 10,000 folks by the top of the yr. The assertion was doubtless meant to attract consideration away from the 300 folks laid off and its penchant for together with Disney-like waterfowl in termination notices.
Workers have been understandably unimpressed by the incident, noting on an inner Stripe group on the Blind app that it was one other “indication the comms to these laid off have been flubbed fully.” One jokingly instructed making a slack emoji of the duck.
The story brings to thoughts different situations of terminations that have been made worse by these implementing them, such because the Higher.com boss who fired 900 staff throughout a three-minute Zoom name, and the CEO who removed 90% of his staff, lots of whom have been unpaid, for lacking a gathering.
We’re only some weeks into 2025 however there have already been some massive layoffs at tech corporations, together with Meta shedding 5% of its workforce and Microsoft making performance-based cuts. A current report discovered that the IT job market declined for a second consecutive yr in 2024, although AI and cybersecurity roles stay in demand.