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factory
Stripe
corporate_fare
Finance
where_to_vote
SF Bay Area
paid
Funding Stage - Series H
person
Layoff Count - 50

Posted on August 21, 2022

Stripe has laid off employees behind TaxJar, a tax compliance startup it acquired last year

Stripe has laid off employees behind TaxJar, a tax compliance startup it acquired last year

Stripe has laid off some of the employees who support TaxJar, a tax compliance startup that it acquired last year, TechCrunch has learned from multiple sources and firsthand documentation.

The layoffs — conducted over the last month — are related to Stripe’s decision to wind down TaxJar-focused go-to-market efforts in late July. Sources estimate the number of employees impacted by the workforce reduction is between 45 and 55 folks, at least a portion of whom were invited to take 30 days to apply to internal jobs at Stripe.