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Fortune
Fortune
Amber Burton, Paolo Confino

What Elon Musk got wrong and Stripe got right with layoffs

Stripe cofounders (Credit: GETTY IMAGES)

Good morning!

We can’t get through the week without mentioning what’s happening at Twitter HQ (bear with me, here). Elon Musk’s official takeover of the social media app and the ensuing layoffs have been like a television show that none of us can turn off—even when it becomes cringeworthy. Twitter’s “layoff fiasco,” as my colleague Paige McGlauflin terms it in a new piece for Fortune, has been marked by chaotic and convoluted communication that would make any HR leader wince. Worse still, it’s left employees in a state of confusion and uncertainty about next steps. 

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