Topics regarding layoffs at PayPal

Topics regarding layoffs at PayPal

PayPal will quickly reach rock bottom without talents

Considering the terrible management style, it is surprising that there are still talented individuals left here at all. That's why I say that PayPal can be considered a lucky company, because I can't even imagine what this company will look like... — read more 

More layoffs coming

There are more layoffs coming. I hear in about three weeks. The ones I know about will be in compliance.

Morale is at an all time low

I've been working here for a long time and that's why I can safely say that morale has never been lower. Main reason for that are bad managerial decisions. PayPal urgently needs to boost employee morale so that the remaining knowledgeable employees... — read more 

Fiachre

How does he and anyone reporting under him have a job though?

Glassdoor Reviews

Review PayPal on Glassdoor and try to be honest about Schulman. I have tried to make a review that included a bad review of the CEO and when it posted it did not reflect that. Looking at recent positive reviews, they look fake. Something is happening... — read more 

We're simply unlucky

There are companies that realize the value of their employees and will bend over backwards to make sure to either avoid or minimize layoffs. Then there are companies that will use any crisis (even an artificial one) to cut as many people as possible... — read more 

Surviving layoffs is not all it's cracked up to be

I've survived the last three major rounds but I don't want to be here anymore. I saw three times how little PayPal cares about its employees and now I've lost all interest in working for this company. Most of my time is spent looking for another job... — read more 

A completely different company

I hear rumors about more cuts. Unbelievable! If this is true, I wonder what will remain of the former company? Soon PayPal won't even look like the company it was a few years ago?

That's a little ironic

When I first started working here, it seems to me that experienced employees were highly valued. I couldn't wait to get the experience myself. Now that I have more experience, I feel unwelcome at PayPal because of it, as I assume, and many others... — read more 

Worst year since I've been working here

Honestly, I didn't think this year would be doom and gloom as it turned out to be. I've been working at PayPal for more than eight years and I don't think it's ever been worse. I wonder what awaits us until the end of the year (if we don't get cut... — read more 

I can’t concentrate on work at all

They created such an ugly atmosphere full of tension, I can’t even concentrate on work. The manager expects me to ignore the fact that the cuts are around the corner and expects us to work harder than ever. Well, that's not the way it works. I... — read more 

Good to know we've resumed hiring

It's not as if the management just got rid of hundreds of employees because we needed to cut costs, right? It really is infuriating to see things like this happen. Why did we have to get rid of people if we're now hiring and why were those jobs not... — read more 

Did they even bother to make a plan?

I understand the reason why they decided on the cuts, but couldn’t they have planned them a little better? Some teams will be badly damaged. It seems it's important for our management to make cuts, even without any planning.

Mgmt will start piling on the work

I'd rather have a lot of work than have nothing to do and be laid off, but I'm already overwhelmed. Are you ready to get even more work to do? In any case, it is wisest to look for a new job.

Life is kicking my trash

Layoff was just the beginning over here. I feel so defeated and alone. I lost my job but also some of the only outside world communication I’ve had since covid. Check on your friends. It’s probably the ones you expect the least that are struggling... — read more 

NY team is inept

Why has NY not been impacted at all? They're the most expensive location, they have the least amount of experience, they continuously get promoted, their jobs are nonsense, and they're flat out bad at their jobs. When is the last time there was an... — read more 

Don't become "that guy"

For your own good, don't become the guy management looks at and figures out they can drop on all the work that still has to be done but there's nobody to it anymore. Don't be the guy who never complains and gives them no trouble and ends up with five... — read more 

"Days since the last layoff" sign

I want to put up a sign that says "Days since the last layoff" and see how high I can get the number. Judging by the last few months, the chances of going above 14 are slim to none. Talk about a huuuge red flag that indicates it's time to look for a... — read more 

No one should feel safe here

The future doesn't look very bright. I am very afraid of losing my job because I have been trying in vain for several months to find a new job. Of course no one is safe, but which roles do you think are most at risk and which ones are a little... — read more 

Lack of vision

In general, it is not surprising that this company is on a downward trajectory because the leadership hasn't had any vision or direction for a while now. That's how I feel about it anyway but I would like someone to convince me that this is not... — read more 

None of you should be worried

I see so many people worried about being laid off and I have to ask, why? Working here sucks. There are still many companies that are doing great and interesting work that are in desperate need of employees. I'm talking about companies that pay... — read more 

Focus on being productive

Management obviously doesn't understand a thing or two about people working for them. How can they expect employees whose jobs are constantly threatened by layoffs to be as productive as possible? Who can manage to be fully productive in such... — read more 

We're not the only ones

Klarna had big layoffs recently as did Western Union and a bunch of others. Let's face it, the entire industry is currently in a crisis and there's not much anybody can do about it. My honest advice is that if you want job security, move to another... — read more 

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PayPal layoff veteran

I was with PayPal for over 10 years, and was on both sides of the layoff experience. While PayPal does take very good care of their employees, they have zero loyalty. You will be employed there exactly as long as you are perceived as useful and not... — read more 

Just get it done

Having layoffs every month feels like a particularly cruel type of torture. Why can't they have all the layoffs at once? Take two or three weeks to get it done, but get it done. Having to worry about more cuts month after month after month is messing... — read more 

The latest round was the tipping point for me

I've been finding excuses why not to start looking for a new job for over a year. The latest round (rounds, actually) of layoffs have convinced me that there is nothing that could happen that would be much worse than staying here. I'll be leaving as... — read more 

It’s no less stressful for survivors either

I feel sorry for all the employees who are affected because losing your job is very stressful, even for those who are somewhat prepared and have savings. However, survivors are also stressed. I immediately got more work to do after my colleague got... — read more 

Reasons for layoffs

I keep wondering if better leadership would've been able to prevent or reduce the scope of layoffs. I think so. Do you agree? If this leadership had a slightly better vision, really cared about the future of PayPal, or had some concrete long term... — read more 

Layoffs will never stop

As somebody said before, as long as they can find people to do our jobs for less money they'll keep laying us off. They don't care how long any of us have been here and how much hard work we've put into this company. All that matters to them are the... — read more 

Managing an increasing workload

I'm under a lot of pressure. I don’t have enough savings, I can’t get a new job, which means I have to keep this one for a while longer, and here I am now literally doing a job for three people. I don't know how much longer I will be able to... — read more 

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