In case you are not aware of the timeline, this is why we are not popping from the news related to Muse. Stripe launched as the exclusive premier partner on September 8, 2026. Shopify showed up next on September 21, 2026. PayPal, third to the... — read more
Week of Oct 7th
I've now heard from 3 different people that another round of layoffs may be happening the week of October 7th… I'm not trying to spread rumours or add to anyone's stresssss I'd just like to understand what's reall has anyone heard anything confirmed? — read more
Today's round
Was BH's org impacted today? There seems to be a shift in that area under AW.
I couldn’t imagine
I couldn’t even imagine waking up each day and going to work at this pile of sh-t company that’s done nothing but go down in price over the last 5 years. I get a pay check but for the people who get RSU’s or stock comp this would be an epic fail. ... — read more
layoff
i thought all staff where notified on aug 31st of layoffs so if thats correct then they will leave within 30 days right? so why am i hearing more layoffs from october 7th to oct 21st i dont undertand.
Another week of nothing coming up
EL has no vision and no plans so we just sit idling with a failing brand.
Irish redundancy
What's the rumoured redundancy package. I heard 4 weeks, 6 weeks and 8 weeks per year from all different people. Anyone any idea what they are giving this time. Just wondering if the packages are getting worse or staying the same as the years go... — read more
Crashing down
Layoffs created uncertainty and chaos. Did not help the share price. Destroyed morale. Slowing down all projects, everything is crawling along. What is the point of layoffs? One incident will wipe out any savings from the layoffs and destroy the... — read more
Lesson for Enrique
Watch Charlie Youakim’s latest post on LinkedIn about Sezzle’s growth. This is the sort of leader employees rally behind. Warm, grounded, respected. A unique subscription model to BNPL - a new p2p offering that’s unique.
How much value we losing today?
A little or a lot?
workday mess
Workday is messed up org is all over the place
Can someone just buy this company already
I have been here long enough and I’m done! This place is past fixing. Nobody is even trying to save the sinking ship and the CEO is MIA.
Does anybody know what criteria is being used for layoffs?
I know it's not just performance, considering the people we lost. But what is?
The company is worth less today
Big shocker folks. Our company is worth less and less each day under Enrique Lores. The layoffs did nothing but lose the company more value. Can this guy do anything right? Serious question.
Promotions ?
Already started?
Anybody get interviews from top AI lab?
Have seen so many ex-stripe employees got into Anthropic or openai but not getting luck when trying to apply.
No deal coming…..sad
Now more layoffs and losses coming
What's the most insulting reaction you've gotten after telling someone where you work?
I didn't realize how much people hate this place before I started sharing where I work.
Layoff criteria
Is it really just based on who earns more? Is nothing else considered?
Venmo layoff base of performance review
My Manager in Venmo told us in small staff meeting that all venmo layoff were base of last individual performance review
Where is Enrique?
Does he still work at PayPal? What are his hours? Will he grace us again with his words of wisdom? Interviewed like he’s on a talk show? Seriously this guy is the worst leader. He’s leaving the management up to everyone else, and everyone has the... — read more
Hiring Pause Over
Talked to a recruiter and the pause is lifted from last month and they are recruiting again. PayPal back on track to hit 27,000. D-mb company
Resilience boot camp
Take what you can from it, PayPal has turned me into a machine. I don't give a flying f*ck what happens I am used to it by now. Worst scenario I move out and get a new job, I am now a resilient beast
Eenie Meenie Miney Moe
I have no idea how to spell that subject line and was too lazy to look it up. Enrique spoke yesterday and he basically trashed the business model Alex put into place and said PayPal focused too much on merchants at the cost of consumers. When... — read more
More pain today 📉
I guess the layoffs didn’t matter after all.
Whenever the stock goes down, I get nervous
The easiest way to reassure shareholders is through layoffs. The last few months have been nerve-racking.
Aren’t employees tired of stock going down?
Do employees know there is a direct correlation between share price and employee layoffs? This Board and management team has destroyed any value in this company which constantly drives the value of PayPal lower. Now we seem to be relying on lowball... — read more
PayPal resumes flooding the market
Was talking to a HR consultant yesterday. Was absolutely blown away when she told me every 2nd CV she is seeing is either current or ex PayPal employee. And they are coming from junior, middle and senior level employees. What in the world is... — read more
PayPal’s pres. Keller sells $255,655 in shares
PayPal’s pres. Keller sells $255,655 in shares https://www.investing.com/news/insider-trading-news/paypals-pres-keller-sells-255655-in-shares-93CH-4892589
PayPal Is Now Facing Legal Heat !
This is pretty serious. When a law firm is already investigating PayPal over potential WARN Act violations, it tells you the layoffs are getting real and messy. Definitely worth paying attention... — read more
A second mystery bidder?
Lots of unverified/ speculative chatter on the web about a 2nd mysterious bidder willing to offer 70 dollars per share which is the boards starting negotiation price and which Stripe Advent were unable to offer. Is it true and who could it be that... — read more
Anything to this new Class Action?
https://www.claimdepot.com/cases/venmo-class-action-alleges-paypal-shared-private-transaction-data-with-third-party-trackers
Next layoffs
The next wave will likely be end of October which will land around the Q3 earnings call. Followed by early Jan or late Feb ahead of Q1 close. Pretty much follows Enrique’s playbook from HP. He executed RIF in waves. We still have about 1B to go on... — read more
No buyout. So when is this turnaround happening?
I have been hearing about this turnaround for months yet we’re doing nothing different except laying off a few hundred people. What are we doing? Any new products/services?
Enrique has destroyed morale and productivity
I don’t think he can read the room and see how he’s destroying PayPal. I’m sure he is looking for a quick sale but the company is worth less every day.
Cronyism at PayPal
So Enrique bypasses his own CTO who is supposed to lead AI transformation in the company and hires another woman with the same profile to create a parallel AI transformation org . Both the CTO and this woman are not AI specialists and both are... — read more