Stripe

Collison-led payments company is raising funds in part to pay a tax bill

Experts had predicted flat growth for company

Company announced global job cuts in January amid a sharp correction in tech

Potential stock sale is not the surprise - the timing is

Reports show the Irish-founded fintech may be heading for a direct listing rather than a traditional IPO

Payments company to increase its use of online retailer’s web services

Oxfam report on growing inequality details ‘rising wealth at the top and rising poverty for the rest’

In a year of permacrisis, some struggled, some adapted and some had a merry old time

The year was dominated by rollercoaster news stories such as Elon Musk’s turbulent takeover of Twitter, the downfall of Elizabeth Holmes and the numerous cryptocurrency scandals

Employees of embattled tech groups are flooding secondary markets where stakeholders sell shares to third parties

ESRI assesses importance of sector to Ireland in light of recent high-profile job layoffs

Deal allows retailer to offer Apple and Google payment options

San Francisco-headquartered software company plans to shed 5% of its global workforce, with some Dublin jobs to go

Badly done lay-offs at Twitter and elsewhere could wound the tech sector for years to come

‘Slowing pulse’ in sector seen freeing up talent for domestic companies

Bigger companies gambled too much on continued growth

Benevolent workplace dictatorships can seem fine until they’re not so benevolent any more

Company is latest tech firm to cut staff with Amazon also reported to be weighing lay-offs

First Twitter reaches for the redundancy button, followed by Meta with Stripe bringing up the rear

They revert under pressure to regressive business models. Metaverse is for everyone, but some of you probably aren’t smart enough to be here

The hiring boom across much of the tech industry came to an abrupt halt this week. But the warning signs have been there for a while

Minister says some companies’ conduct fell ‘far short’ of what is expected

There is no way that these companies can be as productive as the headline figures suggests. Reality has to bite eventually

Colossal amounts of corporate and income tax are derived from the ICT sector. But as tech giants apply brakes and announce layoffs, indigenous firms may benefit from the staff they liberate

Swingeing job cuts at Meta, Twitter, Stripe and other companies have forced the Government’s hand

Many firms also pausing hiring as they grapple with economic headwinds

In the News podcast:

Announcement by Meta seen as key indicator of industry’s health

Business Today: the best news, analysis and comment from The Irish Times business desk

Briefing comes after job losses signalled at Dublin offices of Twitter and Stripe

Firms wishing to engage in collective redundancies are legally required to inform the Minister 30 days in advance

With uncertainties over the tax take from tech sector, the decision in the budget to build up a reserve fund and plan for exchequer surpluses this year and next looks smart

Has Stripe passed the point where its founders need to step back from the tiller?

Irish-founded fintech giant to cut 14% of its staff worldwide as the global downturn continues to hit the tech sector

Business Today: the best news, analysis and comment from The Irish Times business desk

Firm was ‘too optimistic’ about near term growth

Partnership will make it easier for StrikePay clients to get paid

Pretax losses fall 84% at arm of Collison brothers’ company

Recently launched digital platform is designed to make investing easier for customers

Utility Bidder list ranks Chime as most influential