Thread regarding PayPal layoffs

How did we get to another earnings quarter with zero info?

How did we go three more months with no information or meaningful layoffs? This seems weird to me given the original timelines mentioned.


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| 112 views | | 7 replies (last 21 days ago) | Reply
Post ID: @OP+1m5d283qf

7 replies (most recent on top)

My dude, 15% of my org was fired, and up to 20% in sibling orgs.
Many quality folks shown the door to meet a layoff quota, and expected work output unchanged.
And not first layoffs of the year+
Thou bitest mine posterior

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Post ID: @gm+1m5d283qf

@d3
He said meaningful, that is in relation to the announced 400million savings to be reinvested into AI. I agree that no meaningful savings where done so far. Yes people lost their jobs, but unless they where all on 500k or more I can't see 400million saved.

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Post ID: @ec+1m5d283qf

Are you aware that plenty of our colleagues finished last week after lots of layoffs?

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Post ID: @d3+1m5d283qf

We’ve resulted to creating fake buyout rumors to try and make the company more valuable while Enrique has actually destroyed company value. Earnings will be a disaster…..yet again.

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Post ID: @am+1m5d283qf

We’re truly cursed under Enrique. I think he’s more hated than Dan and Alex combined.

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Post ID: @ac+1m5d283qf

@a4 yeah I don’t do sh-t and they will have to pay my a-s to leave. F-k this company and their BS. I’ve attended 3 meeting today that should’ve been emails.

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Post ID: @a5+1m5d283qf

For a guy that was supposedly brought on as CEO to execute the transition plan faster Im not seeing this at all.

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Post ID: @a2+1m5d283qf

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