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 

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 

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.

A little or a lot?

Workday is messed up org is all over the place

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.

I know it's not just performance, considering the people we lost. But what is?

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.

Already started?

Have seen so many ex-stripe employees got into Anthropic or openai but not getting luck when trying to apply.

Now more layoffs and losses coming

I didn't realize how much people hate this place before I started sharing where I work.

Is it really just based on who earns more? Is nothing else considered?

My Manager in Venmo told us in small staff meeting that all venmo layoff were base of last individual performance review

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 

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

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

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 

I guess the layoffs didn’t matter after all.

The easiest way to reassure shareholders is through layoffs. The last few months have been nerve-racking.

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 

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 https://www.investing.com/news/insider-trading-news/paypals-pres-keller-sells-255655-in-shares-93CH-4892589

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 

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 

https://www.claimdepot.com/cases/venmo-class-action-alleges-paypal-shared-private-transaction-data-with-third-party-trackers

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 

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?

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.

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 

This guy was a loser at HP, loser on the BOD’s, and now a loser running the whole company. What was the plan here? This guy is an id--t with zero ideas and the negotiation skills of Trump. He will 100% accept a lowball offer for this company after... — read more 

Since we were told to expect another round of layoffs in 6-8 weeks time, morale and motivation has collapsed. Don't know which is worse- spending Christmas with family without a job or staying on and watch a clueless leadership sink the company even... — read more 

You can get dozens of interviews and never get hired.

So stressed, that I want to go to my manager and ask to be in next layoff if this is possible. However, it will only make sense if the severance is good. To rest a bit, prep, and go back to the interviews. Could someone share the light on the... — read more 

My god, can this little troll do anything right? The stock is a yo-yo now and we’re at all time lows. A monkey could run this place better.

251 permanent layoffs at PayPal’s San Jose headquarters, filed with California employment regulators this week. The WARN notice is advance notice: the 251 San Jose layoffs are scheduled to take effect Oct. 30, 2026, per the filing made this week... — read more 

Stack ranking is generally considered ineffective and destructive for long-term organizational success, though it remains popular for short-term cost-cutting and forced attrition. Why does PayPal still do this? It cripples your organization. Any... — read more 

https://edd.ca.gov/en/jobs_and_training/Layoff_Services_WARN/