I heard HR was hit the other week with layoffs all the way up through leadership. I am a manager and lost my really great recruiter! I was finally getting the level of support I needed from HR only to have it taken away again. I know that there... — read more
Any ideas on US layoffs?
WHen can we expect more?
Time we all face the truth
Layoffs are the new normal at PayPal. We can all kiss job security goodbye and embrace our new reality - which means always be prepared for the worse. Send out resumes, contact your friends or former colleagues in other companies...have some kind of... — read more
We're not going to have another June... Lie.
Looks like Layoffs in Timonium, New York and San Jose. Sounds like all those "new roles" were anything but transparent.
Heard dome HR were let go yesterday
Heard dome HR were let go yesterday. Not sure about how many people were impacted and what location. This was originally posted by @11pwmcIG-8nvo on a different thread. Does anybody know if this is true? If it is, I too would like to know the... — read more
No wonder we are having layoffs
PayPal is the top hated company - which probably means we are losing customers left and right. No wonder we need to find ways to make up for lost revenue (and with our management, of course the solution will be layoffs instead of something that will... — read more
Nebraska
Had anyone heard if there's going to be layoffs in the Nebraska segment?
Upcoming layoffs
Does anyone know any more information about the upcoming mass layoffs? When? Where?
What's the deal with severance?
I've been hearing that PayPal is planning to reduce the severance being offered with future layoffs. As far as I understand it, people who were laid off previously found the severance fair - so why mess with it? Does anybody know if this is true?... — read more
Upcoming September Layoffs
Currently hearing more and more talks about next Tuesday. Sounds like the only thing the CMO is good at it renaming departments and getting rid of people.
PayPal in Austin Texas layoffs
That's it for now
Berlin site heavily inpacted
The all site gone
What about next week?
Are we sure PayPal is done with layoffs for now? Can we relax or will there be more next week?
layoffs in Timomuim, NYC on 6/12/2019
Marketing teams(s) affected.
Any news on layoffs?
Shouldn't something be happening this month?
More layoffs at PayPal next month?
As if the past few months haven't been bad enough, now I'm hearing there might be more layoffs sometime in May. People are talking at the office, and since last time that happened we really did have layoffs, I'm now getting all worked up over it all... — read more
Negotiating mass layoffs collectively?
This might be helpful, especially if you want resources on how to improve your severance by negotiating collectively https://medium.com/@TeamCoworker/so-youve-just-been-let-go-a354af7473c7
Layoffs have continued
About 100 people in Hunt Valley today got laid off. So we know that Hunt Valley got hit yesterday, anything else? I haven't heard of any more layoffs today, so I'm going to assume that whatever they wanted to do, they did it all yesterday. Unless I'm... — read more
1100 recent job cuts in the bay area / not only paypall
https://www.mercurynews.com/2019/03/27/tech-layoffs-to-top-1000-in-bay-area-by-late-may-state-reports-show/
Are layoffs done for now?
I don't work at PayPal, but my brother does, and he has seemed really nervous every time I talked to him in the last couple of weeks. I have a feeling he thinks layoffs are not done - which according to everything I've managed to find online is not... — read more
Layoffs this or next week?
Since we know more layoffs are coming this month, is there any way to determine if they'll take place sometime this week or next week? More worrying is the last thing we need right now, especially so soon since the last round of layoffs. Hopefully... — read more
PayPal needs new blood
They have run out of ideas and what was once innovative is now holding the company back. But it is the leaders that should change. Firing staff like this wont do any good and will only shift the same work around to be handled by the existing staff... — read more
450 planned layoff in March
450 planned layoff in March ?? Why when economy is doing good?
Not surprised (imperious toxicity)
All I remember is seeing old faces who had stolen ideas to the patent office.
Good companies avoid frequent layoffs
Impact on productivity depend on team and company. Unless those laid off did nothing all day, there will be some impact. Good companies avoid frequent layoffs. it hurts the culture, hurts the morale, hurts the people laid off and hurts the people... — read more
Layoffs are expensive
Layoffs are extremely expensive. At a minimum productivity is set back by a quarter, worst case you lose a year in productivity difference because teams are dealing with the fallout. Next comes the hit in morale and loyalty, those are very difficult... — read more
Who want's to bet this is just the beginning?
Once a company starts with cost cutting through layoffs, that usually turns into a first response solution for any problems that might arise - whether they warrant it or not... I don't think PayPal will be any different. I think all of us here can... — read more
Horrible leaders are not impacted
This is really sad.. unfortunately only engineers on the ground get impacted who are building stuff and making impact. Horrible leaders are not impacted. Over the years PayPal has become a place of a-- licking leadership.. they just ensure they don't... — read more
Any indication on which positions will be affected?
We know more layoffs are coming in a week or two, but any ideas on which positions will be affected? I really hate they didn't do it all at once. What's the point in prolonging it for several weeks? Why leave us stressing and guessing for days or... — read more
Severance Payment
Laid off last year. Severance was good. I hope they did not change it. Good luck all.
Paypal layoff might continue through march
Paypal layoff might continue through march
Any more US layoffs today?
Any PayPal locations in the US hearing anything about more layoffs?
This is age discrimination
Majority of people who were laid off by PayPal yesterday are people in their late forties and up who have been with the company for at least fifteen years - those who receive higher pay because they earned it. Can somebody explain to me how is this... — read more
Liars
I was at PayPal when they split off from eBay back in 2015. They sent out mails leading into it telling everyone their jobs were safe, no worries, there wouldn’t be anything more than title changes. The weeks after the split were a bloodbath with... — read more
La Vista got hit
PayPal is laying off folks at the La Vista office. They did not give the number, but they did confirm layoffs as part of restructuring. Anybody else really tired of how restructuring has become this nice, non-threatening word for layoffs they keep... — read more
Arizona layoffs
Paypal is laying off an enormous ammount of employees in the arizona office including the vice president, directors, group leaders and entire teams. This was posted today in another thread, can anybody confirm it? If true, it seems PayPal is far from... — read more
Paypal Cuts Management Positions (June 2017)
Source: http://www.bizjournals.com/sanjose/news/2017/05/30/exclusive-paypal-layoffs-target-leadership.html A number of senior employees and longtime company veterans are quietly being shed from PayPal Holdings as the San Jose-based company completes... — read more
PayPal Austin 3 so far
Heard of 3 layoffs in Austin office just now. What's going on? More coming?
32 in San Franscico and 4 in San Jose - they have left already
Layoffs will continue, nothing else to add here. Good times are over and we lost any reasonable sense of direction.