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.


Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter