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by rvz 1295 days ago
Yeah, I was also thought that Stripe may have called themselves 'Strippers' after 14% were 'stripped' of their employment. From the top comment if I was to replace it: [0]

   * Severance pay. We will pay 14 weeks of severance for all departing 'Strippers', and more for those with longer tenure. That is, those departing will be paid until at least February 21st 2023.
   * Bonus. We will pay our 2022 annual bonus for all departing 'Strippers', regardless of their departure date. (It will be prorated for people hired in 2022.)
   * PTO. We’ll pay for all unused PTO time (including in regions where that’s not legally required).
   * Healthcare. We’ll pay the cash equivalent of 6 months of existing healthcare premiums or healthcare continuation.
   * RSU vesting. We’ll accelerate everyone who has already reached their one-year vesting cliff to the February 2023 vesting date (or longer, depending on departure date). For those who haven’t reached their vesting cliffs, we'll waive the cliff.
It works interchangeably for both 'Krackheads' and 'Strippers'. Oh dear.

[0] https://news.ycombinator.com/item?id=33450753