Topics regarding layoffs at PayPal

Topics regarding layoffs at PayPal

Will this truly last for a few weeks?

Why can't they lay off everybody in a day or two? Why do they have to make it last several weeks? That's weeks of unnecessary stress and anxiety. Is there any chance that the "several weeks" comment is in regards to people who are on vacation and the... — read more 

by
| 2051 views | | 5 replies (last February 1, 2023)
Post ID: @OP+1kYGQeVC

60 days and H1-B Visa

I am currently on an H1-B visa and have a grace period of sixty days. I just had a quick question regarding whether or not the notice period is included in this grace period. Or does it include the grace period of sixty days after the termination of... — read more 

by
| 1790 views | | 7 replies (last February 24, 2024)
Post ID: @OP+1kXZeX18

It is official now

Buckle up! https://www.marketwatch.com/story/paypal-to-lay-off-7-of-employees-as-part-of-cost-cutting-push-11675192862 PayPal Holdings Inc. plans to lay off about 7% of its staff as it continues with broader efforts to reduce costs. Chief... — read more 

by
| 1460 views | | 2 replies (last February 1, 2023)
Post ID: @OP+1kXmJJMs

2000 layoffs

PayPal just announced they will be laying off 2000 employees (7% of full time workforce) in the coming weeks

by
| 1290 views | | 1 reply (January 31, 2023)
Post ID: @OP+1kXLBEYN

Almost nothing to do

I would rather be overwhelmed than have nothing to do. That's never a good sign. Anyone else having this problem?

by
| 2470 views | | 5 replies (last January 31, 2023)
Post ID: @OP+1kLLnjTi

More layoffs at PayPal

I've been hearing rumors of even more layoffs coming to PayPal in the next few months. I'm not sure there are enough of us left to lay off, to be honest, but this is PayPal and nothing would surprise me anymore. If the rumors are true, can anybody... — read more 

by
| 4110 views | | 9 replies (last January 31, 2023)
Post ID: @OP+1kJm4Y9T

Hiring has continued

I take this as good news. If we're hiring once again, that means layoffs are less likely.

by
| 2560 views | | 5 replies (last January 11, 2023)
Post ID: @OP+1k4GrTZi

I am petrified of layoffs

I am worried that I may be one of the tech layoffs. It has been extremely hard for me to find another job, since my working experience is so short. I have been looking for a new job for months now, but without any luck. I have been applying to... — read more 

by
| 2140 views | | 1 reply (November 16, 2022)
Post ID: @OP+1jHAG7S4

Layoffs outside US

Any news on layoffs outside of the US, particularly emerging markets e.g. PayPal Japan?

by
| 1420 views | | 1 reply (January 5, 2023)
Post ID: @OP+1jEvLDX0

Severance

Just curious, what have the severance packages looked like for employees that have been there 10+ years?

by
| 1422 views | | no replies yet
Post ID: @OP+1jDkA7ej

How many more will be laid off after today?

I'm expecting the worst regarding the earnings call so I'm fully prepared for the C-suite to go nuclear over it. I swear if things don't improve soon, there'll be no more PayPal within a couple of years. You can't improve results by cutting people... — read more 

by
| 2560 views | | 4 replies (last November 10, 2022)
Post ID: @OP+1jwTqiPp

Can you offer to get laid off?

Can you offer to get laid off? Who should I go to? How to approach this safely? I don’t want to go to my manager for sure.

by
| 1910 views | | 6 replies (last November 3, 2022)
Post ID: @OP+1juP1l7J

My guess is it'll continue next week

Too few people were laid off for the top brass to be satisfied. I'm betting you they're going to try and fly a few of these smaller rounds under the radar before the earnings call on 11/03 and then we'll be faced with the brunt of it. This is just... — read more 

by
| 1980 views | | 4 replies (last October 25, 2022)
Post ID: @OP+1jjsgf8E

Layoffs this week

Heard layoffs in Srce PMO this week . Anyone knows the count and why it’s not in news yet ?

by
| 1550 views | | 3 replies (last October 21, 2022)
Post ID: @OP+1jj7MYVB

Aaron K management is absurdly terrible

Will he replace Dan? They keep moving teams under him but he seems to have owned the worst departments. The last AUP thing was his idea, how can they continue to keep him around?

by
| 1840 views | | 4 replies (last October 27, 2022)
Post ID: @OP+1jjMzJi3

Elliot’s Impact?

Anybody have any guesses as to what Elliot is going to do next? Force a board seat, remove Dan, more layoffs? It’s eerily quiet now, given all that must be going on behind the proverbial curtain.

by
| 2290 views | | 5 replies (last October 6, 2022)
Post ID: @OP+1iCPjtcH

The Minions move up

Looks like favorites get promoted once again. Keep promoting unqualified minions and ruin the department even more.

A lot needs to change here

It's become very difficult to work here. I am literally drained. I love my job, but lately I have neither the focus nor the motivation to do anything more than the minimum. Does anyone expect some positive changes to happen here or is looking... — read more 

I Hate This Company

I absolutely cannot stand this company anymore. This has to be the most depressing place I've ever worked at now. Everyone seems stressed, overworked, sad, and just confused on what to do, how to do it, and even if they should. The constant threat of... — read more 

Searching for better opportunities

I am almost certain that there are very few people here who are not looking for something better. The job market is not hot and I can't get an offer at the moment. It depresses me a bit, but I still hope that I will be lucky enough to leave here... — read more 

by
| 1420 views | | 1 reply (August 11, 2022)
Post ID: @OP+1iamqFPb

I can’t take it anymore

The horrendous management of these redundancies and the thought of more is like psychological torture. How can you be productive when the sword of Damocles is constantly dangling over your head? Working for PayPal is like being in an abusive... — read more 

by
| 1530 views | | 1 reply (August 11, 2022)
Post ID: @OP+1iaDX8BR

I finally found a new job

I was laid off in June. I took a week off before I started looking for a new job. It was good to see plenty of available options when I did start applying. I landed a job that pays better than my old position at PayPal and from what I've seen so far... — read more 

You've gotta be kidding me

According to an SEC filing, our new CFO coming from EA is gonna be paid, in salary/RSU/PSU/bonus, nearly $20 million over the next three years. Assuming this site allows links, see page three: https://seekingalpha.com/filings/pdf/15985914 750k... — read more 

Anyone know when ...

Anyone know when the venmo and amazon integration is going to be completed? What's the current project deadline?

Great disconnect

All of us are witnesses to a big disconnect between leadership and the company. But I'm interested in what you think caused this disconnection in the first place?

Mixed feelings right now

Ever since rumors have started circulating about a new round of layoffs, I am no longer even sure if I want to survive them and remain in this company that seems to be headed in the wrong direction. Are there more people for whom the layoff would... — read more 

by
| 1590 views | | 1 reply (August 2, 2022)
Post ID: @OP+1i19ys2j

Start a new thread - post a news comment, question or message:

: