Thread regarding PayPal layoffs

How bad will earnings be this quarter?

It’s looking like Enrique is cooking up another dud quarter for Q3. Given the incompetence of himself and Jaime Miller how much can we expect our retirement to drop? I’m bracing for 10-20% loss but wondering if they will lose more market share.


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| 52 views | | 2 replies (last 29 days ago) | Reply
Post ID: @OP+1m4xf7gv2

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@aw from my calculations, it's been well over 2K jobs cut already. Brutal.
About earnings, the market still thinks PayPal is a gowth company, when this stage of the company is long gone. Now we have steady and regular strong earnings, but can not be at the rate of super growth companies.

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Post ID: @b5+1m4xf7gv2

I imagine investors won't be to happy with the slow pace of the savings. The few Jobs they cut are not even close to the 400m they announced. In addition no changes at all, just BAU.

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Post ID: @aw+1m4xf7gv2

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