Stripe Takes Mass Layoffs, Too

Stripe, one of the payment technology companies, is cutting 14% in its headcount.

In the past few months, many fintech and cryptocurrency companies decrease in the number of employees we transferred.

Stripe, one of the payment technology companies, is making a similar move and cutting its employee numbers by 14%.

The company justified this move. macroeconomic developments showed.

Patrick and John Collison, co-founders of Stripe, made the following statement on the subject:

Given the conditions of the world we live in, we hired more people than we should have. It hurts us deeply not being able to give these people the experience they can get on Stripe.”

He has been in the crypto and fintech sectors before. mass layoffs had happened. For example, just two days ago, it was learned that Bitmex, one of the crypto money exchanges, cut the number of its employees by 30%.

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