A MESSAGE FROM OUR CEO

Announcement: Layoffs Due To Funny Exit Strategy

Dec 06, 2025
ยท
3 min read
Ceo Smiley-Wilson
CEO at Stripe


Ceo sent the following email to Stripe employees earlier today. Hello, fellow Stripeans! It is with a heavy heart that I must inform you that due to our implementation of a "funny exit strategy," we have had to let 5% of our employees go.
The idea was that if someone from the team could make a funny joke, they would get to leave early.
As CEO, I take full responsibility for this decision, and am deeply sorry for the disruption it is causing each and every one of you. We take great pride in our company's culture, and understand that this layoff does not reflect that. The "funny exit strategy" initially started as a joke in one of our team meetings. The idea was that if someone from the team could make a funny joke, they would get to leave early. As this began to catch on, more and more of our team deemed themselves qualified to joke their way out the door. This led to an overload of employees leaving and ultimately a shortage of personnel. This situation should have never happened and I take full accountability. We are working diligently to ensure that this never occurs again, and are committed to righting our wrongs. I wish all of our departing employees the best of luck on their future endeavors. Sincerely, Ceo Smiley-Wilson
POSTED IN: Message From CEO SadAccountable

Related Stories