Topics regarding layoffs at PayPal

Topics regarding layoffs at PayPal

Employee surveys

You know those employee surveys they ask us to complete a couple times a year? They say on the email that your answers are confidential but they say nothing about your answers being anonymous. Have you ever wondered... who are my answers confidential... — read more 

WARN Notice

Is the warn notice California that is out right now with effective date of March 30th for those that were let go in feb and it just means that their official date where they no longer get serverance is March 30th OR does this mean there are more... — read more 

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| 790 views | | 1 reply (February 23, 2024)
Post ID: @OP+1rdHjjDc

Annual comp pkg

What was the outcome of your annual comp convo this week? Increases in pay, stock and any promos?

Job hunting

What’s your experience with finding a new job? I know it’s too early to panic, but I haven’t been lucky so far.

by
| 890 views | | 4 replies (last February 18, 2024)
Post ID: @OP+1qYdUrYm

Don't bother

I've seen so many folks give it their all to the company just to get used up, trampled on, and then tossed aside in layoffs like they're nothing. This company has totally lost its way. It's stuck in this perpetual transition mode until it crumbles... — read more 

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| 1890 views | | 5 replies (last February 10, 2024)
Post ID: @OP+1qTPEJ8k

I hope it will be over soon

NA has been hit hard. I still do not know if I will be sacked. I hope I will find out soon, because waiting is ki–ing me. Not looking forward to job hunting in this economy.

by
| 861 views | | 2 replies (last February 4, 2024)
Post ID: @OP+1qSMVHt9

The Layoffs Started before this week

Several employees including myself were fired (not laid off) abruptly 2 weeks before Christmas. Most had been with the company for years & were top performers & had no disciplinary record. They basically wanted to have fewer people to have to pay... — read more 

Severance for NA

10 weeks of pay. 1 additional week of pay for every year of tenure above 5 years. 6 months of Cobra Heathcare. AIP (for those who qualified). Lose unvested stock.

by
| 1650 views | | 7 replies (last February 3, 2024)
Post ID: @OP+1qSeJBmP

AU Ica

All of Australia ICA that lives in NA have been let go. The only support agents have are Manila ICA which is only a hand full of agents. They weren’t able to log in to their systems and had to wait for a phone call!!

NA - goodbyes

Multiple cs long term team leads and a few high level supervidors just informed in NA. Good bye knowledge base. Still waiting for lower level meetings. For those in NA don't forget unemployment after severance expires. May none of us need it.

Ireland

Does anyone know if they are finished I'm Ireland?

by
| 830 views | | 1 reply (February 1, 2024)
Post ID: @OP+1qRoK0KB

PayPal layoffs: "Key talent" dumped without notice

After Brex's unceremonious dispatch of its employees last week, another fintech appears to have followed suit. This time it's industry stalwart PayPal, which will be laying off around 2,500 people, 9% of the business, according to... — read more 

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| 900 views | | no replies yet
Post ID: @OP+1qR0GGic

Worrying this much is not healthy

I wish I could forget about all of this and fall asleep but I can't. I keep refreshing this page in hopes of getting some more info since the leadership has decided to keep us in the dark about details. I know this is not healthy, but I can't help... — read more 

by
| 911 views | | 1 reply (February 1, 2024)
Post ID: @OP+1qRMOm7G

IRELAND

Any update, please share

APAC Layoffs

What departments have been laid off in APAC so far

by
| 630 views | | 1 reply (February 4, 2024)
Post ID: @OP+1qQm9Gm9

EMEA Layoff

Have any EMEA layoffs been announced yet? Any rumors of effected markets/departments

by
| 1340 views | | 3 replies (last January 31, 2024)
Post ID: @OP+1qQt4CG7

None of us are safe

None of us are safe this week or next week or next month and so on. There is always somebody cheaper, and PayPal is always happy to replace us with them. This is our sad reality and this is why nobody should have been surprised by these layoffs. It's... — read more 

by
| 1480 views | | 5 replies (last January 31, 2024)
Post ID: @OP+1qQIOSjm

Alex's e-mail

Team, In our last Global All Hands, I shared that to build a growth organization and unlock our true potential, we need to be honest about how we can improve. During the last few months, I have spent as much time as possible with as many of you as... — read more 

by
| 1050 views | | 1 reply (January 31, 2024)
Post ID: @OP+1qQGdyNg

NY layoffs finally?!!

Please tell me those bloated, overpaid id--ts in the NY office are finally getting their comeuppance this round. If the new CEO wants to see why he's picking up for so many failures, he needs to look no farther than Karczmer and the other AMEX... — read more 

by
| 1220 views | | 2 replies (last February 1, 2024)
Post ID: @OP+1qQq1P4I

Nobody in my group received a notification yet

I'm worried they might leave our group for tomorrow. I'd truly hate that. I'd rather know right away than have to spend a sleepless night worrying about what will happen tomorrow. Even if I'm among those who are affected, I'd much rather learn about... — read more 

Was expecting it

i expected an announcement today for EMEA, but nothing so far.

by
| 1190 views | | 4 replies (last January 31, 2024)
Post ID: @OP+1qPUIbVu

BOLO

Big announcement today, layoffs will come between now and earnings if they are going to happen.

Not another lay off post....

Hi, I've heard rumours of redundancies in EMEA the end of January. Has anyone heard anything credible?

by
| 3070 views | | 8 replies (last January 18, 2024)
Post ID: @OP+1qrhrxWm

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