Thread regarding PayPal layoffs

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.


by
| 131 views | | 24 replies (last 13 days ago) | Reply
Post ID: @OP+1kzrwnrn0

24 replies (most recent on top)

Today is 8/18. So I guess the B site post was wrong orrrrr?

by
| | Reply
Post ID: @18h+1kzrwnrn0

@en anything less than 6 years of service gets the same 10 weeks.

by
| | Reply
Post ID: @167+1kzrwnrn0

Less managers is what this company needs.

by
| | Reply
Post ID: @pf+1kzrwnrn0

Cannot find the B article.

by
| | Reply
Post ID: @n6+1kzrwnrn0

Not sure if you all saw the B*ind post (this site sometimes removes reference to it) which claimed layoffs in the US would be two Mondays in succession: Aug 17 and 24. Just passing it on in case people don’t have access to the app.

by
| | Reply
Post ID: @ky+1kzrwnrn0

@kg and next week it’ll be Aug 31

by
| | Reply
Post ID: @kt+1kzrwnrn0

it's Aug 24th.

by
| | Reply
Post ID: @kg+1kzrwnrn0

They are unlikely to do layoffs on a Friday, so I assume another week is coming and going with nothing happening

by
| | Reply
Post ID: @jt+1kzrwnrn0

Surprise!!! Nothing as usual!!!!!!

by
| | Reply
Post ID: @jj+1kzrwnrn0

They’re never going to do them LOL - anyone know if anyone was actually impacted

by
| | Reply
Post ID: @fp+1kzrwnrn0

@d0 I would go as far as saying that morale is at an all time low

by
| | Reply
Post ID: @ep+1kzrwnrn0

@em absolute sc-mbags

Anyone with decent years of service should stay put and wait for the severance package

Fu-k PayPal

Make them pay

The more they drag this out the more defiant I get regarding it all

Shower of ba----ds

by
| | Reply
Post ID: @en+1kzrwnrn0

It’s not incompetence, it’s entirely by design. They want to lower morale so much that people quit on their own so they don’t have to pay out severance. It’s called constructive dismissal and it’s completely legal

Management doesn’t care because they are demons and arent personally affected, their comp only goes up the more they reduce costs aka our salary and livelihood

by
| | Reply
Post ID: @em+1kzrwnrn0

Every day Wall Street wants to see the cuts and AI efficiency and every day the market is disappointed with Enrique and the slow turn around time. The guy has been on the BOD’s for a while. It’s not like he’s an outsider.

by
| | Reply
Post ID: @dj+1kzrwnrn0

One thing is for sure. They have destroyed morale around this place and lost some real good talent for all their BS.

by
| | Reply
Post ID: @d0+1kzrwnrn0

Nothing is happening
Management are id--ts

The handling of these supposed layoffs is an absolute disgrace. Should be ashamed of themselves

by
| | Reply
Post ID: @cv+1kzrwnrn0

Enrique moves waaaay to slow. This guy has been on the Board for a while and should have just picked up where Alex left off. I thought that was the point of hiring this geriatric dinosaur?

by
| | Reply
Post ID: @b6+1kzrwnrn0

Everyone is being targeted. There is no "safe" list.

by
| | Reply
Post ID: @aq+1kzrwnrn0

Are engineering ICs in the US being targeted this time?

by
| | Reply
Post ID: @ab+1kzrwnrn0

Enrique is a ja----s so nobody knows or cares

by
| | Reply
Post ID: @aa+1kzrwnrn0

the date makes sense though, exactly 3 weeks after all hands

by
| | Reply
Post ID: @a5+1kzrwnrn0

@a3 yeah that sounds about right 😂😂

by
| | Reply
Post ID: @a4+1kzrwnrn0

18 feb 2065 10:30 am

by
| | Reply
Post ID: @a3+1kzrwnrn0

Honestly the sheer amount of rumors going around for different dates is beyond frustrating

I just wish they would get on with it cus I'm tired of it now

by
| | Reply
Post ID: @a2+1kzrwnrn0

Post a reply

: