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Stripe officially notifies Varadkar of redundancies; Bank of Ireland ups fixed mortgage rates

The biggest stories from the worlds of politics and business in today’s Business Post

John Collison: Stripe has announced plans to lay off 14 per cent of its workforce globally. Picture: Getty

Stripe officially notifies Varadkar of job cuts as up to 90 staff face redundancy

Stripe has officially notified Tánaiste Leo Varadkar of its intention to make staff at its Irish operation redundant.

The tech giant, which employs between 500 and 600 staff in Ireland, contacted Varadkar on Wednesday to confirm it is making staff redundant, after its announcement that it plans to cut 14 per cent of its workforce worldwide.

Bank of Ireland increases rates ...