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StripeLaid off 300 employees in botched process that sent duck photo and wrong termination dates

Stripe cut 300 employees from product, engineering, and operations on a US national holiday. Some received a PDF image of a duck and incorrect termination dates due to the layoff being sent early by mistake. Reports indicate employees on older pay bands were targeted regardless of performance. Average engineer pay fell ~14% over two years.

Scoring Impact

TopicDirectionRelevanceContribution
Worker Rights-againstprimary-1.00
Overall incident score =-0.572

Score = avg(topic contributions) × significance (medium ×1) × confidence (0.57)

Evidence (1 signal)

Confirms Firing Aug 5, 2024 documented

Laid off 300 employees in botched process that sent duck photo and wrong termination dates

Stripe cut 300 employees from product, engineering, and operations on a US national holiday. Some received a PDF image of a duck and incorrect termination dates due to the layoff being sent early by mistake. Reports indicate employees on older pay bands were targeted regardless of performance. Average engineer pay fell ~14% over two years.

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