Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday. In the memo, Collison said the cuts were necessary amid rising inflation, fears of a looming recession, higher interest rates, energy shocks, tighter investment budgets and sparser startup funding. Taken together, these factors signal “that 2022 represents the beginning of a different economic climate,” he said. Collison acknowledged that the company’s leadership made “two very consequential mistakes” by misjudging how much the internet economy would grow in 2022 and 2023, and when it grew operating costs too quickly. Stripe said its headcount will be reduced to about 7,000 employees, which means the layoffs impact roughly 1,100 people. “ How we’re handling departures There’s no good way to do a layoff, but we’re going to do our best to treat everyone leaving as respectfully as possible and to do whatever we can to help. Some of the core details include: Severance pay. We will pay 14 weeks of severance for all departing employees, and more for those with longer tenure. That is, those departing will be paid until at least February 21st 2023。 Bonus. We will pay our 2022 annual bonus for all departing employees, regardless of their departure date. (It will be prorated for people hired in 2022.) PTO. We’ll pay for all unused PTO time (including in regions where that’s not legally required). Healthcare. We’ll pay the cash equivalent of 6 months of existing healthcare premiums or healthcare continuation. RSU vesting. We’ll accelerate everyone who has already reached their one-year vesting cliff to the February 2023 vesting date (or longer, depending on departure date). For those who haven’t reached their vesting cliffs, we’ll waive the cliff. Career support. We’ll cover career support, and do our best to connect departing employees with other companies. We’re also creating a new tier of extra large Stripe discounts for anyone who decides to start a new business now or in the future. Immigration support. We know that this situation is particularly tough if you’re a visa holder. We have extensive dedicated support lined up for those of you here on visas (you’ll receive an email setting up a consultation within a few hours), and we’ll be supporting transitions to non-employment visas wherever we can. ”
In the memo, Collison said the cuts were necessary amid rising inflation, fears of a looming recession, higher interest rates, energy shocks, tighter investment budgets and sparser startup funding. Taken together, these factors signal “that 2022 represents the beginning of a different economic climate,” he said.
Collison acknowledged that the company’s leadership made “two very consequential mistakes” by misjudging how much the internet economy would grow in 2022 and 2023, and when it grew operating costs too quickly.
Stripe said its headcount will be reduced to about 7,000 employees, which means the layoffs impact roughly 1,100 people.
“ How we’re handling departures
There’s no good way to do a layoff, but we’re going to do our best to treat everyone leaving as respectfully as possible and to do whatever we can to help. Some of the core details include:
Severance pay. We will pay 14 weeks of severance for all departing employees, and more for those with longer tenure. That is, those departing will be paid until at least February 21st 2023。
Bonus. We will pay our 2022 annual bonus for all departing employees, regardless of their departure date. (It will be prorated for people hired in 2022.)
PTO. We’ll pay for all unused PTO time (including in regions where that’s not legally required).
Healthcare. We’ll pay the cash equivalent of 6 months of existing healthcare premiums or healthcare continuation.
RSU vesting. We’ll accelerate everyone who has already reached their one-year vesting cliff to the February 2023 vesting date (or longer, depending on departure date). For those who haven’t reached their vesting cliffs, we’ll waive the cliff.
Career support. We’ll cover career support, and do our best to connect departing employees with other companies. We’re also creating a new tier of extra large Stripe discounts for anyone who decides to start a new business now or in the future.
Immigration support. We know that this situation is particularly tough if you’re a visa holder. We have extensive dedicated support lined up for those of you here on visas (you’ll receive an email setting up a consultation within a few hours), and we’ll be supporting transitions to non-employment visas wherever we can. ”
如果是的话，请赶紧把盒饭婆雷了吧！
就是啊。。
之前那么热的市场，硬是错过了IPO窗口，现在开始裁员，这个判断真是亏大了。。
算事有良心的公司了。给的遣散费医疗股票等等都不错！
本身是个打工非常高收入的公司，可能财大气粗！
这正是问题所在啊。以前投资人低息，钱来得容易，画饼有人买账。.现在潮水退去，大家荷包都唔得紧，要马上看得见的利益。这些公司的盈利能支撑的起这么高的工资么？ 一个senior DS 都50万？公司的运营成本里一般human capital 是大头呀。
哈哈，可以回家继续帮她妈实现理想了
裁员领导层也不影响他们捞钱，干活的惨了。
50万里好多都是equity，equity就是纸钱，还越来越不值钱～
刷板转硬
转firmware和driver还来得及么？
挺佩服这些家属被裁还晒包的， 有点不当家不知柴米贵，负重前行的都要被压垮了都不耽误岁月静好的炫富。
不知道她老公心里这么想……
是的，比如那几个Buy Now Pay Later的公司，做到头也就是个成功的信用卡公司。一年前动辄几百亿估值。再看看经历过几次经济危机洗礼的传统公司比如COF，DFS的市值才多大。。。
不BSO不服气斯基。要的就是啥都要炫耀让别人羡慕的感觉，俗称戏精自恋狂人。
很多做的都是大银行不要的业务，结果估值跟大银行差不多，太搞笑
硬件根本不是刷题能刷出来的。没有数学和概念，很多（可以说大多数）硬件班子的工程师一辈子都不合格。问题是，就是合格了，也挣得太少了，有病才去转硬件。20多年前，读个EE的全讲博士，985的中上游的成绩靠前的才有机会。现在，一般的学校（以前清北复交的都去的那种），EE博士，能招到个211的学生就很不错了。都是市场收入决定的。
firmware和driver，也是职位少啊，因为要和硬件打交道。不过，现在99%的美国学校都不教C语言，倒是可以转，不过收入和软件工程师不能比，只是适合养老，因为不怎么变化，越老越有避坑的经验。适合EE毕业的。另外，这个玩意，真的大妈很难刷题转过来的。
因为时代需要她们的正能量！【🐶】
有身份的话，确实不用担心。都预先拿了17个月薪水了，而且是高薪的，怕啥？
做过firmware的说一句，职位太少了 而且经济危机来了，硬件职位同样会没有
我觉得是思维定式的问题 华人，特别老一辈留学生的都是骑驴找马，要无缝链接 老美好多离职了在家里玩一阵，钱快用完了再出去工作
我也刷到了，但看了下那个妹子人家自己有工作，发的语气也就是自我调侃一下和记录一下，目前的经济形势下不乐观点还能怎么样呢。总比家庭主妇老公被lay后哭天抢地强多了。
被lay 以后哭天抢地也好乐观面对也好一定要炫出来才舒服吗？ 真的有人觉得家属被雷了有什么值得炫耀的吗？真那么牛经济危机也不怕裁员的早就跳槽拿大包了还有机会炫被裁的包裹？
“被lay 以后哭天抢地也好乐观面对也好一定要炫出来才舒服吗？ 真的有人觉得家属被雷了有什么值得炫耀的吗？真那么牛经济危机也不怕裁员的早就跳槽拿大包了还有机会炫被裁的包裹？”
我觉得没什么好炫耀的，但是我没看出她炫耀。虽然我是从不发个人隐私的，但是我还挺喜欢看的。一个社交平台就是让大家分享信息分享个人经历的，如果你觉得看的不爽就别看了。如果每个人都你这样揣测，这么judge，那以后谁分享啊。
至于 “真那么牛经济危机也不怕裁员的早就跳槽拿大包了还有机会炫被裁的包裹？” 市场好的时候跳槽拿大包的未必裁员时不会被裁，市场不好时，牛人也未必能拿大包。现在大裁员才刚开始，这种豪言壮语有点太豪迈了😂，谁都不知道自己是不是下一个。
这种老公被lay 都要炫17 个月工资的才是真敢豪言壮语， 她怎么知道自己不是下一个？
她们老公就是他们用来秀优越的工具。
哪天成了陈勤、吴大卫，绝对把落难的男人踢下高楼
是一个叫 “”一二三吃饼干“”的娇妻么？ 管老公叫家猪
我也刷到了。
没有，其实最后拿了22周，是把所有全部加上，PTO cash out ， 什么RSU。 但是她说她老公修了带薪产假吧，又给自己加了几个月，所以才有什么上班8个月，拿了17个月。其实就是上班8个月，4个月maternity leave ，最后被雷拿了5个月package。
然后说今年收入1M之类的，生怕看客不知道。
你看你的发言，先是judge那个妹子，再来揣测judge我喜欢炫（不然怎么会为那个妹子说话），心态真的有点不好，一副饱经岁月摧残后心态爆炸的样子。（你改了帖子，之前可是在judge我说我不喜欢炫，怎么会帮这种人说话😂 我就是自己担心裁员潮，对今天刷到被裁的人有种打工人的心有戚戚焉，你非要过度解读，随你呗）
我觉得她老公被放上名单 和入职时间那么短就休4个月产假有关，虽然说公司policy在哪里，但是经济不好的时候就是会被影响，而且stripe又没上市，这种start up特别在意这个。感觉就算大公司，很多男生也不敢休这么久，何况刚入职。要裁员的时候，这种事情都会被拿出来考量。
很明显，现在就是明年三月能不能找到同等pay的工作呗。找不到那就消费降级啊。但是说不定明天就会找到哦，那就是大赚一比。
不过这22周是salary pay ，这种公司基本工资又不高的。
就普通人而言，和半年前比，已经不是“能不能找到同等pay的工作”，或者“找不找得到工作”，而是“有没有面试”的问题，可能我对现在market太悲观吧。
她自己出来炫的还不让别人judge吗？ 你看这楼除了你有人觉得她没在炫耀， 或者觉得她炫耀的对吗？ 大家都觉得她炫得不合时宜， 只有你觉得她没有在炫， 觉得网友不该judge她，难道不是你与众不同？
哈哈，马工反正赢就对了。看来老鲍加息还没到位啊，继续！
貌似她是狗家L5？
这种就是当data point看，要说炫，问一下各位看官：这福气给你要不要？