In all honesty, we can’t afford to lose anyone else. If they cut one more person, they may as well disband the whole team. There’s a limit to how much extra work we can take on, and we’re already leaning on that line. We can’t take any more, it’s as... — read more 

Unknown amount of full-time employees were sent an email at 8am Eastern, to attend an important organizational update at 1130am Eastern. Upon arrival all attendees were told they are being released effective at the end of the meeting and release... — read more 

Rumors regarding layoffs in July is spreading. Many employees said they heard the layoff will happen in mid July. Can someone have true source confirm it’s true? Who will be targeted? Not enough RTO or NI just get out of PIP?

I’ve accepted the fact that I could lose my job at any moment. I make a point of regularly sending out resumes, working my contacts, and keeping my skills, especially the in-demand ones, up to date. It helps me stay grounded and keeps me from feeling... — read more 

Internal mention of Honey resources being “absorbed”. Not surprising- based on all the negative limelight Honey received this year. Hard to tell how many FTE will be absorbed vs be included in layoff. Heard teams are mostly on email support, not... — read more 

Re org operations are over No more layoffs are the rumours here on site today :-)

They’ve downsized so much that my "team" is just me and a few exhausted zombies trying to hold things together. Execs keep preaching "do more with less," but all we’re doing is failing slower. You cannot run a company without people. No matter how... — read more 

I’m grade 19 pay is in euros I’m 37665 germany 🇩🇪

Curious what others think of the new changes. I was grade 19 and am now in career level 4 which also includes G18. No pay rise but annual bonus has been increased from 6% to 10%. Curious to hear what is hapening with other graded and whether... — read more 

Rumors that the mutual spearations doled out were in preps for grade level ups and combines. Rumor is that two grade levels will be rolled into one master grade, with the lower of the two obtaining a promtion to the higher and pay increase, whilst... — read more 

Are European jobs coming back to the us of a

Write here the things you would have written in the survey but didn’t because you know the survey is not actually confidential or anonymous. I will go first- the health care at this company is absolutely atrocious. Accolade is worthless and the... — read more 

It’s happening! People with needs improvement are given the option of a PIP for 30 days or mutual separation with two months garden leave (with pay) + 6 weeks of salary They are given 48 hrs to make a decision Many NIs have spoken about this on... — read more 

20% cuts. Mostly WFH employees. April 14th. Can anybody confirm this?

Its coming.

I got an mail from a recruiter that they got positive feedback from the team and are working on the allocation process. Is this allocation process team matching process? How much time does it take for allocation process?

I have filed a complaint with speakup@paypal.com - despite having steller performance reviews for last 9 years and average IBP of ~105% annually, I was casualty of the new pay for performance mandate to rate 5% as needs improvement. I was not given a... — read more 

What is the meeting tomorrow regarding. Subject department update Email sent about 45 min ago (4pm) no context. Must attend in BOLD red?

What package did you get

today was a touf day. i cant take it much longer, i need to no if people no any solid news for 2025 layofs. a lot of dates are put here on older posts and the dates have passed and no layofs. is it over now we are past them dates or can i still have... — read more 

https://news.bloomberglaw.com/esg/paypal-cuts-diversity-language-in-new-report-to-shareholders

Comment how your package is based on your level.

So some people are hearing whispers about tomorrow. Restructuring? layoffs? Doesn’t that typically happen before earnings calls & AIP announcements? Whoever is reporting this info please come back and expand. It’s anonymous ffs

In the name of “competitive market standards” PayPal has updated the US-ERISA severance document effective Feb 1, 2025. It changes severance compensation from an effective base rate of 12 weeks for most employees (2 weeks for no notice + 10... — read more 

Window has closed and it seems there will not be layoff story before earnings call on Tuesday. Listen to Jamie on Q4 investor call for 2025 guidance and where we are heading. Listen for any strategy on projected attrition or headcount reductions... — read more 

Summary of the main thread located at: https://www.thelayoff.com/t/1jj58zpfg Or @OP+1jj58zpfg ——- # Themes in the Discussion on PayPal Layoffs ## Uncertainty and Speculation About Layoffs Many participants are uncertain about whether... — read more 

Worrying constantly was paralyzing, so I shifted my focus to searching for other opportunities and building a backup plan. It definitely helped reduce the stress and stopped me from feeling cornered. Even with a tough job market and low expectations... — read more 

Such a painful company to work for. They think some lad sending out a weekly Monday minute (lasts 10 minutes usually) is motivational, staff laugh at it. Comedy show company

I’m relieved. I’m going to try not to think about it and focus on my work. It’d be tough in this job market to be laid off. Very different from previous years. I’m hearing that it’s getting better? I think this stress might cause some people to act... — read more 

Under pay for performance rolled out end of year 2024, 5% of workforce will lose raises, RSU grants and bonus is reduced to 25%. Managers are being asked to retroactively create artifacts to justify the rating in Feb 2025 before rewards letters are... — read more 

Waiting around for layoffs you know are coming is way more stressful than just getting it over with. Dragging it out helps no one, just make the call so we can move on.

I got made redundant by PayPal and I must say it has been a blessing. I have a great new job and are setting up my own little business. I am so much happier and my mental health has really improved. If you are worried, there is life after PayPal.

Over the past five years, we’ve endured so many layoffs - and just as many false alarms - that I’ve become somewhat numb to it all. Don’t get me wrong, I don’t want to be laid off. I really need this job. But at the same time, I can’t bring myself to... — read more 

Well its here - Thursday 30th - its 1PM in Singapore, 10:30 AM in India, in four hours 10 AM in Luxembourg and 12.5 more hours before 9:30 AM in US PST. Guess I will know in ~13 hours or so what the universe has planned. If by chance anyone does... — read more 

They have officially taken over. Worse than herding cats. They only care about their own.

As we near the end of Month, an ancient tale of the Chinese farmer continues to serve me as a timeless reminder of life's unpredictability. A Chinese farmer loses a horse, and the villagers say, "What bad fortune!" The farmer replies, "Who Knows."... — read more 

Spending your days checking this site to maybe get a few days notice of whether you may or may not be impacted by a redundancy which may never come? Even if you get those few days notice it makes zero difference. At best this site is a place to talk... — read more 

For questions about severance - check Policy Central - found this for US (US-ERISA-Severance-Pay-Plan.pdf from 2023). It explains benefits, payout on equity and AIP, length of severance payments…

### What We Know So Far Potential Layoffs Employees anticipate layoffs, with emails titled "Important Team Update" possibly signaling job cuts. Expected announcement dates range between Tuesday and Thursday, with past layoffs... — read more