Last week slack had 26,800+
Will there be layoffs if the acquisition by Stripe is successful?
Time to look for a new job!
potential layoff only 5 months after joining
just a rant: kind of difficult to take in that we could potentially be laid off. A bit harder to take in especially since I joined 5 months ago as an early career new grad. Had to move across the country without relocation assistance only to be on... — read more
Recurring Monday meetings canceled
Anyone else have recurring Monday meetings canceled with no reason given? Probably coincidence, maybe not coincidence. US-NYC
Previous layoffs package ?
Any one who has been previously laid off willing to share what the redundnacy package was? Did they pay 2,3,4, weeks per year? Etc ? I know the packages may be different globally, but trying to gage what the package is likely to look like?
Petty and Immature?
Am I petty and immature for being overjoyed that my dog sitter texted her clients to say she has had too many bad experiences with Venmo and will no longer accept payments via Venmo?
Looks like the incoming layoff is taking forever
The company’s recent surge in share price has been driven primarily by the latest rumor that it is slated for acquisition—truly ironic.
Still nothing
Biggest bunch of Muppets I have ever dealth with Destroyed morale, productivity down all cus they can't just execute a fricking plan regarding layoffs Worse company EVER
Boycott this sh---y company
Theres more chance of Jesus Christ reappearing on earth this week than there is of PayPal announcing layoffs They are a bunch of absolute scaremongering sc-ms Boycott them for life
What are the layoff / reorg dates you're hearing?
I heard Aug 18 for the layoffs in the US (a little birdie told me). Reorg shortly after.
Still nothing
Enrique just continuing to ruin the mental health of all employees with his absolute lies and gaslighting This company is criminal If you're letting people go just do it already and stop talking rubbish Forcing people to quit by destroying the... — read more
cutting 3 org layers??
Enrique said they are on track to remove three organizational layers to increase spans of control this year in the Q&A email. What does this mean?
August 18
Dday
I've been staring at two bad options for months
Stay at PayPal and watch the environment get worse, workload piling up, morale tanking, and layoffs happening and more always looming. Or leave and step into the unknown, hoping the next place isn't the same circus. It's a lose-lose. But staying... — read more
every time I log in and...
every time i log in and there is a problem I get that spike of adrenalin and think is today the day. Kind of su-ks waiting with a sword of Damocles over our heads
New Hire Ticket Closed Out?
Anyone else randomly get their new hire ticket closed out today? Odd timing…
Waiting for it...
At this point I'm just waiting for it. The past few years have been horrible. Every all hands meeting is like the Oscar nominations, (except the last one). Managers congratulating each other of the great Job they did. The work get's more and more... — read more
Looks like Stripe backed off
Not sure if that’s good or bad but they seem like they are gone.
No WARN notices filed
Uhhh PayPal hasn’t filed WARN notices (US-based). They have to be filed 90 days before layoffs. So what the he-l did Enrique’s message mean - that they’re filing WARN within the next few weeks? https://layoffdata.com/company/paypal/
D day??
If anyone in any department in any country gets notified today of layoffs please comment here which team has been effected and where you are based. I hope something happens soon. Morale is at an all time low and productivity even lower.
We used to be a desired employer
Now we have a reputation that PayPal is where careers go to wither. Honestly, being laid off is probably a gift at this point.
Sunday scaries
If it’s going to happen just let it happen already. Any precedent to whether they do layoffs on Mondays or Fridays? I’ve seen both at other orgs.
All hands
“In the next two weeks” Read the email. It’s in writing.
Still nothing?
Another false alarm?
Would anybody volunteer for a layoff?
If it was offered? I need this job, but I'm thinking there are those who wouldn't mind leaving with a package. Wouldn't it be better giving them that opportunity and saving some jobs for folks who really want to stay instead of starting... — read more
Redundancies
The wait for redundancies is ki-ling me. Can they just hurry. This is soul destroying.
Enrique can no longer be hiding...
No word from Enrique since restructuring and layoffs were announced. No word from him when Stripe made their ridiculous offer. Time is up. Earnings call is tomorrow, our CEO can no longer be hiding. Hopefully he was too busy working on a big plan to... — read more
Enrique's Role in Hiring of Alex Chriss
Enrique was chairman of the board. He did not have equal status with other board members. To say a Board Chair is "equal" to other board members during a CEO search completely misunderstands how corporate governance works. I am refuting what... — read more
How bad did Enrique fumble this deal?
On scale of 1-10, how bad did Enrique fumble the Stripe deal? And how bad will our stock crash on Tuesday? Im wondering if I should just cash my vested RSU’s now before even bigger losses come.
PayPal brand still means something
I hate it here. I hate the politics, the chaos, and the daily stress, among many other things. But every time I update my LinkedIn, I get messages from recruiters who only see the brand. That's the strange bargain I've made - suffer through the... — read more
Stripe trying to steal our compamy
Enrique make it clear that we're not for sale! Not for sale!
What happened to the service teams?
Im sure theyve got absolute dog water since the migration overseas.
Mid year promotions
Has anyone heard of anyone getting a mid year promotion this year? If so, what org?
Enrique’s Approval Rating on Glassdoor
Enrique = 44% Plenty of layoff CEOs out there and their numbers aren’t this low.
Maybe I'm missing something
but instead of talking about the usual "diversity" bullsh-t, when will this company find a way to gain usage? Mainly any store allows google pay as a payment option, what about this company? Paypal is around way more years, why being stuck only in... — read more