Thread regarding PayPal layoffs

32 replies (most recent on top)

+/- 24h
cro 10/40
cto 5/5

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Post ID: @m7+1m0t787qs

New here - All I’m going to say is last 7 days. 130 names went inactive. 70 became active. Take it as you will

+/-
30/90 cro
10/35 cto

Are the main heavy hits.

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Post ID: @h2+1m0t787qs

@ar the loss of sabbaticals was such a d-mb move. PayPal already pays below market value and puts the employees through mental warfare. They truly lost any signs of pretending they care about employees.

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Post ID: @gy+1m0t787qs

@ed what I don’t understand is leadership says 2-3 years on a call with investors. In email and in person says 2-3 months. Did he misspeak? Why the hastened timeline? But now here we are after next 3wks will be so hard and nothing.

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Post ID: @ef+1m0t787qs

Why is this taking so long? Something isn't right.

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Post ID: @ed+1m0t787qs

26,515. Nothing yet.

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Post ID: @ec+1m0t787qs

26,510 global-announcements members. We shall see what tomorrow brings.

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Post ID: @cf+1m0t787qs

@as did the training on "your role as a people leader" and apparently it is my job responsibility to "visibly" use AI. Grossssssss

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Post ID: @b0+1m0t787qs

@ay i was laid off in my previous job, here I'm just hanging out waiting w all of you

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Post ID: @az+1m0t787qs

@ax you got laid off?

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Post ID: @ay+1m0t787qs

Had a 1:1 where I had to pretend to talk about my weekend and.....I refuse to think I'm distracted or weak for caring about this and worrying, but I have to pretend it's all business as usual, I was laid off before coming here but sure boss I don't have ptsd I'm a totally normal corporate cog

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Post ID: @ax+1m0t787qs

@at

super funny. got any more zingers?

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Post ID: @aw+1m0t787qs

@an

I'm not going to focus on my work. Only a bootlicker like you would still be concerned about working hard for sh---y PayPal.

Thanks anyway for the great advice, though.

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Post ID: @av+1m0t787qs

Layoffs will be in 26 years (a vp told me)

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Post ID: @at+1m0t787qs

@ar yes. And insurance getting worse. I remember at a different office I visited they even had a keg downstairs. This place no longer treats employees like it use too. I understand it cannot run like a startup but when you take away perks, ppl get irritated. All the forced AI etc, just turned into a diff company over the years - not seemingly to the companies benefit either.

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Post ID: @as+1m0t787qs

@am oh, like the end of sabbatical??

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Post ID: @ar+1m0t787qs

@ak we havent been considered a growth company for years.

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Post ID: @aq+1m0t787qs

Our sh---y company never holds any gains in share price. Buyout, RIF’s, etc. I would support whatever makes the share price go up. My retirement is decimated.

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Post ID: @ap+1m0t787qs

Just focus on work , take time off if needed.. it’s 31st

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Post ID: @an+1m0t787qs

@ak bro. He’s only been there for a little bit. At least he’s not Alex dumping all employee benefits

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Post ID: @am+1m0t787qs

@aj nothing will happen tomorrow. But I wonder if there is still a deal on the table? I feel like Enrique is sc--wing it up. The guy moves at such a slow pace I know why we’re not considered a growth company anymore.

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Post ID: @ak+1m0t787qs

This is happening tomorrow. Buckle up. I wish everyone well.

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Post ID: @aj+1m0t787qs

@aa not directly. Know a guy who knows a guy sort of thing

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Post ID: @ah+1m0t787qs

Nothing will happen tomorrow except the stock price will go down more. Enrique is an id--t.

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Post ID: @ag+1m0t787qs

@ae was 26,554 last week. today 26,513

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Post ID: @af+1m0t787qs

Did see global announcements headcount on slack went down approx 2% today though. No one affected yet?

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Post ID: @ae+1m0t787qs

@a9 same it’s always a Tuesday

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Post ID: @ac+1m0t787qs

@a9 My leadership (VP/SVP) had consistently told us today and look how accurate that was. Joke of a place.

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Post ID: @ab+1m0t787qs

@a9 source? Is it leadership?

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Post ID: @aa+1m0t787qs

I heard it supposed to be tomorrow...

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Post ID: @a9+1m0t787qs

another day of stress -- another day of pay

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Post ID: @a2+1m0t787qs

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