Thread regarding PayPal layoffs

Finally, relief!

Judging by my manager’s behavior, I knew something was brewing. I was terribly worried about being cut, and now that it has happened, I feel some weird kind of relief. No more stress, just a relief... Even if it's hard to find a new job, I'm glad this chapter is over. Interestingly, the colleagues who also got cut didn't look too disappointed either.

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| 1872 views | | 8 replies (last May 27, 2022) | Reply
Post ID: @OP+1gVBa7TW

8 replies (most recent on top)

Got the news along with 307 fellow employees in Ireland that we are no longer needed. Mexico, APAC is cheaper than us.

A 5 minute call is what it took. 10 years there and I'm delighted to be gone now. People feel hurt,I don't as
I never bought into their BS.

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Post ID: @1laj+1gVBa7TW

Directors and above do not get laid off. They are given the choice of being of resigning or stating that they are retiring. Either way they get a great package.

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Post ID: @1cmp+1gVBa7TW

It's surprising that none of the cuts included anything at the Director levels. I know a parallel team that pivoted from Analytics to Data Science and that strategy proved disastrous, and yet, they laid off the actual hard working folks - Lower level analysts. This director got a promotion for bringing in extra headcount at the SM level who do nothing but move paper. It says something when 7 people under a director are laid off - That the strategy was flawed in the first place. Appalling. You can get a rocket scientist to solve a problem but YOU need to understand the problem first. Throwing money is never the answer. I hope YOU are reading this.

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Post ID: @1pxq+1gVBa7TW

Dude quit asking about your other offer on EVERY post. Go take the other job and get off these forums if you’re so concerned. Ffs

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Post ID: @vrv+1gVBa7TW

GCSC group 3 meeting got cut

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Post ID: @uxk+1gVBa7TW

Take the other job, PayPal will continue with the cuts

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Post ID: @flw+1gVBa7TW

Also got cut. I was in GCSC, how abt you

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Post ID: @gae+1gVBa7TW

@OP+1gVBa7TW sorry to hear that ! May I know, which dept/org ?
I recently joined paypal, but I still have offer from other company. Is it good to take the nre job ? I'm concerned about layoffs

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Post ID: @ahb+1gVBa7TW

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