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News
STRIPE
STRIPE News
Business
12 Nov 2022
From Meta to Snap, Here's the list of companies that announced layoff - PICS
Expert anticipate mild recession next year. Keeping themeselves ready for it, several tech companies globally have announced lay off in the past few months, making it one of the worst years in the industry. Meta recently laid off 11,000 employees while Twitter cut almost 50% staff this month. However, they are not alone. Several tech companies have taken the same measure to lower their cost and turn themselves profitable in coming months. Here's the list of big tech companies that laid off their employees and what is the percentage of it.
STRIPE
04 Nov 2022
Digital payments firm Stripe lays off 14% of workforce
The payment processor cited "stubborn inflation, energy shocks, higher interest rates, reduced investment budgets, and sparser startup funding" as reasons for its decision.
Twitter
14 Sep 2015
Twitter partners with Stripe to expand ''buy buttons''
Payments processing company Stripe Inc launched a new tool on Monday that will connect retailers and brands to sell on platforms like Twitter Inc and tap an increasing number of consumers shopping on mobile apps.
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