what can go wrong? such a ridiculous policy . what a race to the bottom, literally. the employee pool just keeps gettin smaller, untill you’re left with everything being optimized to the point that we do not need humans any more. . How does anyone... — read more
https://x.com/TheLayoff/status/1884339141325762825
https://x.com/TheLayoff/status/1884339141325762825
Final Approach to 30th - by Friday we will know
Previous years any layoffs occurred on or near 30th. Know its painful for those worried and those hoping for a package. However, its cruel for anyone to post mis-information like of receiving notices in some region if this has not really occurred... — read more
Monday expected layoffs
Hoping for an email early to mirror what Meta announced. Keep an eye on your teams calendars too.
Anyone hearing any chatter about 28th and Layoffs
Covered in other posts but Meta did a 5% layoff. PayPal chose 5% threshold for "Needs Improvement rating". Is this a coincidence or trend for earnings? If any planning is happening, its at highest levels. No assessments done this year about... — read more
Managers Acting Squirrely
Does anyone else feel like their manager is acting different all the sudden? Like they used to be fine but are now micromanaging, picking apart everything you do, piling on more work and then asking when it will all be done shortly after? Is this how... — read more
Layoffs January 2025
Has anybody heard anything relating to layoffs for the end of this month ?
How is PayPal for new grads?
Are new grad hires at a higher risk of being laid off? San Jose specifically.
Jan 2025 layoffs at paypal
now there are rumors, do you think that's warranted? will there be layoffs in jan 2025?
Is it finally over?
At least for this year. I'd really like to know if we can relax for at least a short while before we're it with more cuts.
Apply now
Apply for work in other places. I wouldn’t ordinarily go onto these sites, I feel you should know a lot of cuts coming following project January 2025. Redundancies in 2025 will NOT have enhanced redundancy payments. None. What will change. 16 per... — read more
Quiet consumer Reorg/layoff
As an FYI, there was a Reorg in Consumer this week. Approx 5? Impacted to my knowledge.
Bank Drama for PayPal, Square After Wells Fargo Bows Out
For more than two decades, Wells Fargo was a juggernaut in a behind-the-scenes business that supported some of the biggest payments companies in the world. The bank’s abrupt exit from that market this year has left a major... — read more
Quiet firing or layoffs
Any rumours of layoffs or do people think the company is using quiet firing techniques. Getting rid of all benefits and return to office to encourage people to quit so they don't have to pay them out.
Tons of VTO in NA/CA - CRE, BRE. And AU BRE.
We know there is a bunch of VTO that is being offered throughout multiple NA customer service departments. Which is why everyone is worried about the next round of layoffs. However people keep taking the VTO instead of just being available to work... — read more
Layoff
For emea Compliance and fraud March That is what I am overhearing right now? I’ll sp-t in the food next time
I'm getting tired of all the rumors
It's annoying, but I can't help but worry once I hear something. The latest one flying around is about possible layoffs in October. Has anybody here heard anything about it? I 'm starting to think it's time I give up on PayPal and start looking for a... — read more
More layoffs before EoY?
How likely do you this is to go through another round of layoffs before the year ends?
Future layoffs targeting remote workers?
There's rumors floating around that any future layoffs would definitely include people who could stay working remote or appeal the RTO to work remote and is accepted. Does anyone have any info on this?
Rant
Forgive my language here but with this new RTO policy, I’ve lost the last bit of respect for this company and the new leadership. This is my rant, and called so for a reason. Even removing the covid tailwinds, our revenue has been growing fairly... — read more
Just got laid off today
Got email from workday
Strong Q2 Results. Do you anticipate the need for additional major layoffs?
The Q2 results have exceeded expectations, as evidenced by a slight increase in the share price. Do you anticipate any additional significant layoffs in North America?
no longer 16" Mac-books?
Why this company can no longer provide the 16" Mac-books? This is very important to me. I don't want to work for a company that cuts corners. I'm finding it increasingly difficult to continue in this role. I'm considering resigning due to these... — read more
Is it safe to join PayPal now ? Please advice :)
I have completed an internship at PayPal San Jose and subsequently received a full-time offer for a Software Engineer 1 position with the standing team. In addition, I have an offer from Discover Financials. However, the joining date for PayPal is... — read more
There will always be layoffs
It's a corporate environment. There will always be layoffs. We saw two large ones in consecutive years which is rare but we had extremely poor leadership in the past. Dan laid of roughly 2000 people in 2023 only to turn around and hire back 2000... — read more
Return to office
I ve gotten confirmation from few directors, that is happening. Any know more? For those who were hired as "virtual" will that impact us too?
Any US based support left?
Curious if all frontline has been eliminated in the US. I know Venmo is now all abroad afaik. Any Arizona or Omaha support left?
The only career path here is to be laid off
I was not laid off in this latest round, but I’m not waiting for the next one. Constant anxiety over losing a job, peaking during mass layoffs, is ki-ling me. Since there is no point staying here, because there is no reward, promotion or any kind of... — read more
Is Alex Chriss a worse CEO?
$40+m package (double that of Dan's), but hardly make any improvements? And morale all time low?
What's the point of all these visits from the higher ups??
Alex, Aaron etc visited places like Mexico and Singapore etc..... Are these locations safe? Or is this indication more casualties in these places?
Worthless RSUs on top of fearing losing job!
Are people frustrated by the worthless RSUs in addition of constant worry about being laid off?
Retention bonus
Did anyone get a retention payment in their last paycheck? And if you did did your manager talk to you about it?
US based but laying off only US?
Other than the 85 roles in Ireland that were announced to the media, it appears that all the layoffs have been US based employees. Seems this US based company prefers to pay the new CEO double what Dan was making at the expense of its US... — read more
A great way to ruin weekend
Hearing all those rumors that layoffs will continue next week. Anyone know more? Let us know, especially if by a small chance rumors are not true.
Any more layoffs today (Friday 21st June)?
Sorry to those already affected earlier this week.
Trying to move from PayPal Engineering to Professional Services due to layoffs
I am trying to move into Global Professional Services as layoffs have been pretty common in Engineering and Product. Seems GMS is a good place to segue if you are in the level 25 and below. As there are many 26, 27, 28 level employees actually not... — read more
Layoffs update
Pls post, guys. We are all scared for our jobs. So sorry and good luck to all already affected. I hope you will land on your feet soon.