@ne there is no way they are delaying layoffs for 2 years.
Layoffs and reduced costs makes the company more cost effective and a better buying opportunity
If anything PayPal should be rushing through these cuts to make the company look more appealing for sale
@cw exactly. If the sale to Stripe was to go through (which doesn't look like at the moment), it could well be that layoffs might need to be paused/stopped until the whole sale was fully approved, by regulators, etc. Which could take around 2 years...
To don't cause more turmoil within the company, which could be a bad thing for the sale. But who knows...
@gt I guess this is why so many people are hoping they are impacted this time cus we all want the decent severance package
@f1 ig advent does layoffs it will probably be a less favourable payout than what paypal offers
Advent does a lot of leveraged buyouts. So either way there will be big layoffs.
I’ve lost so much money investing in company stock. If this id--t sells for less than $90/share I will be incredibly pi---d. My average is much higher than that!!
@cy what lies has he told?
@cw doubtful people will stick around. EL has been lying to employees faces since day one.
Even if paypal were to accept an offer it would take at least a year or more to complete the handover due to regulatory hurdles and because if these same regulatory hurdles, there's no guarantee that they would be allowed to go through with the sale. They need to operate as business as usual up until the keys have been handed over.
Anything under $90 a share is a joke. It should probably sell from $100-$110 but not sure if Enrique will sell for a quick buck.
I hope this D* en** does not do a layoff and leverage that for a good sale price to stripe
Exclusive article on the WSJ
Sounds like it’s getting closer…
no
https://finance.yahoo.com/markets/stocks/articles/stripe-advent-bid-60-50-202741307.html
No.