Thread regarding PayPal layoffs

WARN

I don’t see anything listed. Do they skirt around this requirement? Of might this be an indication that tomorrow there will not be layoffs?


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Post ID: @OP+1m19pbv6r

9 replies (most recent on top)

To be clear, they DO file WARN in CA, it’s just that 1) WARN is not realtime and 2) it is required to be given a 60 day notice to the state but minimum severance for US exempt employees is 10 weeks so they are effectively paying off that notice period rather than having you work for 2 months with the knowledge your time is up.

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Post ID: @b1+1m19pbv6r

@an Ty for that information

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Post ID: @aq+1m19pbv6r

@ak the website data is not realtime, it release every Tuesday and Thursday

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Post ID: @an+1m19pbv6r

@aj same in California. Doesn’t make sense. It’s not like they have anything to hide since Enrique already announced them.

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Post ID: @ak+1m19pbv6r

@a2 WARN is required in NY state so I am wondering how they’d get around it…

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Post ID: @aj+1m19pbv6r

@ae at midnight in India?

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Post ID: @ag+1m19pbv6r

Meeting invites are being sent in India right now.

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Post ID: @ae+1m19pbv6r

I seen a comment elsewhere that said they can choose not to file WARN and instead pay a fee/enhanxe layoff package, but unsure how true it is

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Post ID: @a3+1m19pbv6r

its not required everywhere in the USA

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Post ID: @a2+1m19pbv6r

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