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Go to their job page: https://stripe.com/jobs/search https://stripe.com/jobs/search Almost 700 open roles right now...
by DogLover_ 4y ago
Go to their job page:
https://stripe.com/jobs/search https://stripe.com/jobs/search
Almost 700 open roles right now...
- tasuki 4y agoI'm all for layoffs, but this is indeed extremely curious.
- blahblah123456 4y agoIs it? They probably just haven't had time to update it. Also a lot of times online job listings mean nothing. They are just left up even if they are not actively hiring.
- csharpminor 4y agoI think it is. Firing is horrendously expensive, so most companies will follow a progression of cuts before resorting to layoffs. They'll typically start with perks (e.g. travel / team entertainment / office space) and then progress to a hiring freeze, and then move to layoffs. In Stripe's instance it seems like they went directly to layoffs. I heard that they did institute a PIP process last year but not sure what percent they cut.
- daxfohl 4y agoIt says they laid off much of the recruiting team, so nobody is left to remove the listings.
- DogLover_ 4y agoMy problem is that they signal that they hire until this layoff. The responsible thing would be to not hire for the last couple of months.
- soheil 4y agoRemoving the bottom 14% is not the same as hiring another 14% closer to the median.