What is the Stripe layoff package?

Stripe layoff package

Stripe provided a generous layoff package to employees impacted by the 2022 layoffs. The package included:

• 14 weeks of severance pay (with more for those with longer tenure)
• 2022 annual bonus (prorated for recent hires)
• Unused PTO payout
• 6 months of healthcare coverage
• Accelerated stock vesting for employees past the one-year mark
• Career support and immigration assistance for visa holders

This package aimed to offer strong support during transitions【42†source】.

For the whole Stripe process in one place, read the Stripe interview guide.