If you’re searching “Stripe layoffs 2026,” here’s the short version: Stripe is not laying people off in 2026. The company’s major workforce reduction happened in November 2022, when CEO Patrick Collison cut 14% of staff — roughly 1,100 people. Since then, Stripe has staged one of the most impressive recoveries in fintech.

This article breaks down exactly what happened, how the layoffs affected Stripe’s culture and Glassdoor ratings, and whether the company is worth joining in 2026. Spoiler: the data says yes, with caveats.

What Happened: The Stripe Layoffs Timeline

Stripe’s layoffs didn’t happen in a vacuum. Like many tech companies, Stripe scaled aggressively during the zero-interest-rate era of 2020–2021, growing from ~4,000 employees to over 8,000. When the macro environment shifted, the correction was painful.

November 3, 2022
Major layoff: 14% of workforce (~1,100 people)
Patrick Collison published an open letter to employees acknowledging the company had “overhired for the world we’re in.” Affected employees received 14+ weeks of severance, accelerated equity vesting, and 6 months of healthcare. The transparency of the letter was widely praised, even by departing employees.
2023
Additional smaller cuts
Stripe made further targeted reductions across some teams, though at a much smaller scale than the November 2022 event. The company focused on operational efficiency and reaching profitability.
2024–2025
Recovery and growth
Stripe reached profitability, surpassed $1 trillion in total payment volume, and began actively hiring again. The company stabilized at approximately 8,000 employees and reopened hundreds of positions.
March 2026
512 open roles, actively hiring
As of now, Stripe has 512 open positions across engineering, product, sales, and operations. The company is growing again — selectively and profitably.

Where Stripe Stands Now

Metric Detail
Employees ~8,000
Open roles 512
Payment volume $1T+ processed
Profitability Profitable
CEO Patrick Collison
Glassdoor rating 4.0 / 5.0
Work-life balance 3.6 / 5.0
Recommend to a friend 80%
~8,000
Employees
512
Open roles
$1T+
Payments processed

How the Layoffs Affected Culture

The 2022 layoffs left a mark on Stripe’s culture. Before the cuts, Stripe held a Glassdoor rating of approximately 4.3 — consistently one of the highest in fintech. The rating dropped to around 3.8 in the months following the layoffs, as remaining employees processed the shock and survivors dealt with increased workloads and uncertainty.

By mid-2024, the trajectory began reversing. Several factors drove the recovery:

That said, scars remain. Some employees note reduced psychological safety — a fear that underperformance could lead to cuts. The 3.6 WLB score reflects teams that are still running lean. And the “golden era” of pre-layoff Stripe, where the company felt untouchable, is over. What replaced it is a leaner, more focused company that employees describe as “grown up.”

Glassdoor Rating Breakdown

Here’s how Stripe scores across Glassdoor’s key dimensions as of March 2026:

Compensation & Benefits 4.3
Culture & Values 4.0
Overall Rating 4.0
Work-Life Balance 3.6
Career Opportunities 3.6
Senior Management 3.5

The standout is Compensation & Benefits at 4.3 — Stripe still pays top-tier, even post-layoffs. The weaker spots (Senior Management at 3.5, Career Opportunities at 3.6) reflect lingering frustration from the restructuring and flatter org post-layoffs. Notably, recent reviews from 2025–2026 skew more positive than the overall average, suggesting the recovery is real and accelerating.

Is Stripe Hiring Again?

Yes. Stripe currently has 512 open positions — a strong signal that the company is past its contraction phase and investing in growth again. Here’s where the roles are concentrated:

San Francisco, CA 86 roles
Bengaluru, India 49 roles
Dublin, Ireland 44 roles
Seattle, WA 38 roles
Singapore 21 roles
New York, NY 19 roles
London, UK 18 roles
Other locations 237 roles

The geographic spread is notable. Stripe isn’t just hiring in San Francisco — Bengaluru, Dublin, and Singapore are major hubs, reflecting the company’s global infrastructure needs. For the full list of live openings, visit the Stripe jobs page.

What Employees Say Now

Recent Glassdoor reviews (2025–2026) paint a picture of a company that has emerged from the layoff era more focused but still demanding:

Pro — Glassdoor review “The writing culture is real. Decisions are documented, debates are rigorous, and the best ideas win regardless of seniority. It’s one of the most intellectually stimulating places I’ve worked.”
Pro — Glassdoor review “Comp is excellent — base, equity, and benefits are all top-tier. They didn’t cut comp even during the layoffs, which says a lot about how they treat people.”
Pro — Glassdoor review “The caliber of engineers here is unmatched. Every code review teaches you something. The bar is incredibly high, but the support to meet it is there.”
Con — Glassdoor review “After the layoffs, there’s a lingering anxiety. Teams are leaner and the pressure to deliver is higher. Work-life balance has gotten harder to maintain.”
Con — Glassdoor review “The ‘move fast’ culture can feel relentless. If you need structure and predictability, this isn’t the place. The bar for performance is high and there’s less tolerance for coasting than pre-layoffs.”
Con — Glassdoor review “Senior management decisions aren’t always transparent. The layoffs were handled well externally, but internally some teams felt blindsided by restructuring.”

The Bottom Line on Stripe Post-Layoffs

Stripe in 2026 is not the same company it was before the layoffs — and that’s not entirely a bad thing. The overhiring-era excess is gone, replaced by a leaner operation that’s profitable and growing again. The 4.0 Glassdoor, 80% recommendation rate, and 512 open roles all point to a company that has successfully turned the corner. Compensation remains elite (4.3/5.0), the engineering culture and writing tradition are intact, and the business fundamentals are the strongest they’ve ever been. The trade-off? Higher performance expectations, leaner teams, and a 3.6 WLB score that reflects real intensity. If you can handle the pace, Stripe is one of the strongest bets in fintech.

Frequently Asked Questions

Did Stripe have layoffs in 2026?+
No. Stripe’s major layoffs happened in November 2022, when the company cut 14% of its workforce (approximately 1,100 employees). There were smaller rounds of cuts in 2023. As of March 2026, Stripe has not announced any new layoffs and is actively hiring with 512 open roles across engineering, product, sales, and operations.
Did Stripe have layoffs?+
Yes. Stripe conducted its largest layoff in November 2022, cutting approximately 1,100 employees — 14% of its workforce. CEO Patrick Collison published an open letter acknowledging the company had overhired during the pandemic-era growth boom. Additional smaller cuts followed in 2023. Since then, the company has stabilized and returned to growth mode with ~8,000 employees.
Is Stripe still hiring in 2026?+
Yes. As of March 2026, Stripe has 512 open positions across multiple departments and locations including San Francisco, Dublin, Singapore, Bengaluru, and Seattle. The company is actively hiring for engineering, product, sales, and operations roles. Browse all current Stripe openings.
What is Stripe's Glassdoor rating after the layoffs?+
Stripe’s Glassdoor rating is 4.0 out of 5.0 as of March 2026. This is lower than its pre-layoff peak of approximately 4.3, reflecting the impact the layoffs had on employee morale. However, the trajectory is positive — newer reviews skew more favorably, with 80% of employees recommending the company, and Compensation & Benefits rated at 4.3/5.0. See the full Stripe culture profile.
What is Stripe's culture like in 2026?+
Stripe’s culture in 2026 centers on engineering excellence and its famous writing culture, where decisions are documented in detailed memos. Employees describe a high-performance, intellectually rigorous environment. The culture took a hit from the 2022 layoffs, with some loss of psychological safety, but reviews from 2025–2026 show recovery. Culture & Values is rated 4.0/5.0 on Glassdoor, with strong marks for compensation (4.3) and a solid 80% recommendation rate. Read more in our Working at Stripe deep dive.

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