Tomorrow is approaching for those in the US, and with whatever you’re hoping to have happen tomorrow, I hope you’re going to be ok. I’m honestly sick to my stomach. We just had our son in April, and as the primary income earner of the house, I’m... — read more
Paypal Should Be Buying and Expanding
Why is Paypal not buying other companies? With the strong quarterly profit and $80B in assets, it has the firepower to acquire many companies in this economy. Current headcount is at the 2019 levels around 23,200. Subtract another 4k employees and... — read more
SO TODAY IS THE DAY
Looks like mails started coming for india. I see a fresh comment on slack with the mention of impacted by layoff. All the best everyone.
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?
PayPal Has Lost Its Way
We do not need a stay of execution; we need certainty and security. Leadership has lost its humanity in what was once a great company, where people genuinely came first. PayPal is no longer a company I’m proud to work for. I would welcome the... — read more
Where is Enrique?
Our leader just hides while our company is attacked daily. This guy has no control over any situation or any type of plan. You just get 10 minutes of him reading off a script every three months on an earnings call. You can hear him flip the pages... — read more
Outage in Germany
Not surprised.
APAC invite
Any APAC folks getting invite for Monday ?
Quit worms
You worms should quit if you dont like paypal
Enrique
Many say he was brought in to split us up, to sell “parts” like BT or BNPL or Venmo or Honey/Ads. (I personally don’t think checkout would be touched) Big question: what if he’s unable to execute on this? What if we have no more buyers? He was not... — read more
Down 15%!!!!!
Whoa, looks like Stripe just didn’t like what they saw. Now the next guy gets even cheaper. I wonder how long until Enrique gets fired? He was brought on to execute faster but he can’t even do layoffs timely. We’ve been talking for MONTHS... — read more
Hot Off The Press
https://www.bloomberg.com/news/articles/2026-08-28/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypal
Laid Off?
If you or if you know anyone that got laid off this coming Monday/Tuesday, which country/region is the person from?
Severance pay
Curious what severance is…Any thoughts?
Monday, 4k?
I have heard from several sources that 4,000 employees are being let go on Monday. Take it with a grain of salt because this is all a game of telephone posted on another thread by @br+1m10yw24n Has anyone else heard the same?
I despise this company and leadership team
Honestly they couldn't organise a pi-s up in a brewery at this point Who in their right state of mind advises employees that the coming weeks were going to be very difficult and then absolute radio silence from that point on Has the man got... — read more
Sales was Impacted
I have confirmation sales was laid off, obviously from someone in sales, and I have access to tables confirming it. This is going to be a long, slow roll, folks. We shouldn’t panic. This is likely a BU at a time.
Well thats interesting……
I noticed they took down a post where someone saw Advent employees on site in SJ
This is your daily reminder…
…that you work for a company that wouldn’t p1ss on you if you were on fire. A company that thinks it’s fine to have an all hands that unambiguously states that RIFs are happening in the next few weeks, even puts it in writing in a recap email, then... — read more
Enrique the A$$hole
Another day of no communication coming up. I seriously wonder what this guy does every day.
Poll: Friday the 28th or Monday the 31st
Arrow up for the 28th, arrow down for the 31s. Let's count.
PayPal employees are in acute uncertainty
That's it, that's the post. This itself is inhumane. Imagine the psychological damage to thousands of people. Horrible.
Observations
It’s like a microcosm in here and a good analysis of human psychology. I’ve noticed that the longer this drags out, the more stressed people become, and in turn, the more they turn on each other with nastiness. It’s no wonder that “the people” can... — read more
Any one knows when hts going to happen?
At this point, its literally mental abuse. How I am supposed to work if I don’t know what I am doing is even relevant if I get laid off. This is so frustrating
Please, please be today
I'd like to finally move on, one way or another.
India / APAC
Seeing chatter that people across the globe in India and apac are getting business update invitations - any truth to this?
Would you rather...
It be your boss that's laid off, or you yourself
IS IT REALLY HAPPENING TOMORROW ???????
Is it happening on 25th or are these again baseless rumours like 18th. Although got to know from HR that it will happen in phases and the first batch of layoff will definitely be in August.
And so we wait
Another day, more stressing. I hate this place.
Nothing in Europe so far
How about elsewhere?
Keep each other updated
Well, here we are. Last week of August. If anyone is affected this week, or hears of other people/departments/regions affected, let's post it here and use this thread to keep each other in the loop. Good luck everyone, whether you want to be made... — read more
Is it going to happen tomorrow?
Do you think tomorrow is the day? I’m so tired of being anxious all the time. I’m having nightmares of getting laid off at nights. It’s draining my soul.
How many layoffs are we going to have before they realize we're already short-staffed?
I'm so tired of being expected every few months to take on even more work because people have been cut and their work has to be done. I can't do anymore than I already do. I won't. They can fire me if they won't, but I literally can't take any more... — read more