In a Monday memo, Stripe's chief people officer Rob McIntosh announced the layoffs, telling staffers the cuts would mostly impact employees in the product, engineering, and operation teams.

Stripe, a financial services and software company ... detailing the company's "very consequential mistakes" that led to layoffs. Namely, it was far too optimistic about growth and failed to ...

(NewsNation) — Payment company Stripe accidentally sent an image of a cartoon duck to some of the employees who were being fired in the company’s latest round of layoffs. Stripe is cutting 300 ...

Digital payments platform Stripe has yet to lay out plans to go public, but in the meantime the company has thrown past and present employees a line for some liquidity. The company on Thursday ...

The Defense Department’s first phase of firing civilian workers began this week, Pentagon officials confirmed Thursday.

The Department of Veterans Affairs will slash more than 80,000 jobs under a major restructuring plan that the agency intends ...

Corrected and full notifications have since been sent to all impacted Stripes.” The payment processor’s layoffs and the curious incident of the duck were first reported by Business Insider.

Even if there have been fewer layoffs than in other years, the trend still shows how difficult it is for computer companies to adjust to shifting market conditions. Concerns over job security and the ...