Digital Payments Firm Stripe Lays Off 14% Of Workforce ...Middle East

San Francisco: Global payment processing firm Stripe on Thursday announced to cut over 1,000 jobs, or 14 per cent of its staff. The payment processor cited “stubborn inflation, energy shocks, higher interest rates, reduced investment budgets, and sparser startup funding” as reasons for its decision. CEO Patrick Collison wrote an email to Stripe employees, saying the […] The post Digital Payments Firm Stripe Lays Off 14% Of Workforce appeared first on Ommcom News.

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