#layoffrumor

Posts mentioning hashtag #layoffrumor

Below are all the posts — topics as well as replies — that mention the hashtag #layoffrumor.

Mention #layoffrumor in your post to continue the discussion!

Use this time wisely

I understand people are stressed, but it is still better to have a few weeks to prepare for layoffs than to be completely surprised when you least expect it. Update your resume, start networking, and get a feel for the job market. Do not get stuck in a waiting pattern when there are things you can do to help yourself, even if only a little bit.


PayPal Layoff Risk for New Hires?

Hi all,

I recently received an offer from PayPal. However, I’ve been seeing a lot of concerns on Blind about potential layoffs, especially with the recent CEO change and stock price drops.

Does anyone know how PayPal typically handles layoffs with very recent hires? Are new hires usually affected in restructuring rounds?

Also, if layoffs were to happen, how soon will be?

Any insights from current or former employees would be really helpful. Thanks!


Apologize for the layoff rumors

I hope the folks who predicted a layoff every week since the last one in November will finally give up and apologize to all current employees for needlessly strirring the pot. It's March and no sings or talk of a layoff. Nada. Zilch. Not one AVP or VP has mentioned anything even remotely related to a layoff. Just because Vz has uhh ndertaken layoff every year doesn't mean we should have another one this year - big or small. Even Dan is more focussed on cost/opex transformation via AI and renegotiating contracts, not via layoffs. Our financial performance/net adds has been stellar and the markets are rightfully rewarding us for that. Our debt profile has gotten much better and with buybacks and a committed dividend, Wall St loves us which will help us in the capital markets to fund other initiatives as well. TMo better watch their backs.

Remember - even a broken clock is right twice a day. Some of you are just that. Stop with the fear mongering


So quiet

I prefer when there are rumors going around than the complete quiet on layoffs. Makes me think we're about to be hit by a major storm. I hope I'm wrong, but with everything happening in the entire industry, I wouldn't be surprised if major cost cutting is in our near future.