Thread regarding PayPal layoffs

The issue is at the top, not with the talent pool

New leadership came in talking nonstop about wanting “fresh talent,” but there’s been significant voluntary turnover in 2025—even among the new people they brought in. Recently 7/14-7/15 layoffs that impacted people who were previously considered “key talent,” with no warning at all. Now I’m seeing the exact same jobs posted on LinkedIn. It feels like this goes beyond typical large-company churn. When even the “fresh talent” is leaving quickly, it seems like the real problem is leadership’s lack of direction, not the employees. Has anyone else experienced something like this? At what point do they finally admit the issue is at the top, not with the talent pool?

@k3+1k05456xs is 100% right.

by
| 2735 views | | 8 replies (last February 3) | Reply
Post ID: @OP+1k0m7eva5

8 replies (most recent on top)

Guess they finally figured it out. Here we go again.

by
| | Reply
Post ID: @w5c+1k0m7eva5

@2vz is it better elsewhere?

by
| | Reply
Post ID: @2z7+1k0m7eva5

I mean I left as a T25 because the knowledge and work expectations were getting crazy. I wouldn't go back for a 200k base.

by
| | Reply
Post ID: @2vz+1k0m7eva5

@1xj This is extremely obscene to read while also knowing that they plan to invest 100 million in severance packages and that these layoff seasons will go on at least until 2027.

by
| | Reply
Post ID: @2da+1k0m7eva5

PayPal pays up for talent:
Kereere: $29.4M in 2024
Webster: $13.8M stock, $2.5M signing bonus
Scotti: $17.3M (2024); $1M signing bonus
Chriss: $41.92M (2023 - truly “shocking the world”); $6.6M base salary in 2024
Miller: $13M

Source:
https://www.paymentsdive.com/news/paypal-executive-compensation-strategy-talent-management-team/746364/

by
| | Reply
Post ID: @1xj+1k0m7eva5

Today’s earnings call is proof. The entire C suite is new(ish). And yet despite beating outlook - Wall Street never responds favorably. (Happened at least 4 times in the past 2 years)

The previous explanations were around how they don’t see the potential, they need margin numbers which we are working on, etc - have all been acted on. Even commenting “we will shock the world” and saw how it panned out.

The leadership either is not telling the story right to inspire investor confidence or not able to showcase the vision correctly.

But hey - let’s layoff a small bunch of people every months because AI

by
| | Reply
Post ID: @1jq+1k0m7eva5

They will get rid of you the second they get a chance. They will not think twice. Be prepared.

by
| | Reply
Post ID: @je+1k0m7eva5

I don't believe they'll ever admit that. I 1-2 years they'll just move to the next company and leave the mess to be cleaned up by someone else.

by
| | Reply
Post ID: @d0+1k0m7eva5

Post a reply

: