Thread regarding PayPal layoffs

More layoffs coming

There are more layoffs coming. I hear in about three weeks. The ones I know about will be in compliance.

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| 2493 views | | 11 replies (last August 10, 2022) | Reply
Post ID: @OP+1hXWTdSL

11 replies (most recent on top)

#TheBigLie

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Post ID: @cbbq+1hXWTdSL

$900 Million dollars worth of layoffs and cost cutting measures coming. Google it.

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Post ID: @7gng+1hXWTdSL

What part of compliance?

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Post ID: @4dcq+1hXWTdSL

33/33/33 plan is to split workforce between high/medium/low cost regions at those percentages. They had it in an all hands a while back.

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Post ID: @4yqm+1hXWTdSL

what is the 33/33/33 plan?

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Post ID: @3bpt+1hXWTdSL

Someone mentioned management and tech... What do you mean specifically?

And anything they think they can outsource to lower cost regions they will. I don't believe their 33/33/33 plan at all

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Post ID: @3yat+1hXWTdSL

The payouts were heavily taxed and some were waiting even after July 1st to get paid. I would not consider that good

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Post ID: @1zes+1hXWTdSL

Testing

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Post ID: @1ksy+1hXWTdSL

which teams in Compliance? were recent layoffs payouts any good?

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Post ID: @1fwd+1hXWTdSL

They should have been the first round since they are the ones who shape the success and failure of the business.

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Post ID: @xkn+1hXWTdSL

I have heard that 10% of management and tech are going to be in the next round of layoffs.

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Post ID: @exy+1hXWTdSL

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