To Prune Workforce, Stripe asks managers to give lower ratings to employees

Stripe has asked managers to start giving lower ratings on performance reviews, current and former employees say.

Stripe had an informal goal of rating about 10% to 15% of staff as “partially meets expectations” or “does not meet expectations. That move could lead to more people being fired and comes at a time when tech businesses, particularly Stripe’s payments have been struggling.

[Via]

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