Stripe Takes Steps To Prune Workforce

An anonymous reader shares a report: As the economy slows, more tech companies have been showing employees the door. Now some senior leaders at Silicon Valley fintech giant Stripe, which in early 2021 was valued by private investors at $95 billion, have asked managers to start giving lower ratings on performance reviews, current and former employees say. That move could lead to more people being fired or feeling pressured to quit and comes at a time when tech businesses, particularly Stripe's pa