Well, here we are. Last week of August. If anyone is affected this week, or hears of other people/departments/regions affected, let's post it here and use this thread to keep each other in the loop. Good luck everyone, whether you want to be made... — read more 

Do you think tomorrow is the day? I’m so tired of being anxious all the time. I’m having nightmares of getting laid off at nights. It’s draining my soul.

I'm so tired of being expected every few months to take on even more work because people have been cut and their work has to be done. I can't do anymore than I already do. I won't. They can fire me if they won't, but I literally can't take any more... — read more 

Everyone is so concerned about layoffs but yet we have hidden job listings for h1bs https://www.jobs.now/jobs/629312737-staff-software-engineer-ref-17-6831

do you mean friday 8/28? or monday 8/31? several people are saying monday. any information on severance? number of people? this is not the end. layoffs will continue to happen over the next 2-3 years

Weird price action with the stock today. Is Enrique actually about to say something? Seems like the buyout or layoffs got leaked to Wall Street.

I can't prove it but it's what I think. When Alex was brought on as CEO, everyone was like WTF this guy is at best an EVP at PayPal and definitely not CEO material. Enrique joined the board in 2021. When it came time to hire Alex, every board member... — read more 

I was in a meeting. The VP confirmed that it will happen by the end of August. No more details.

🤫

The last month or two my motivation has been on the floor — and I can see the same in every single department here in Ireland. The uncertainty is harder to deal with than the news itself would be. Just tell us. I'm hoping PayPal will have the... — read more 

Does anyone actually know when they will layoff? Alot of you said it was 18th but looks like it was all fake. This is so frustrating.

We just had some work taken away I don’t want to say more or will be identifiable. My team is losing their sh-t when tension was already high. F this noise and everything about this job market.

Game - How much can you cut before you break it? Oops. we broke it

What happens with CWs who have like 6 months left on contract? My understanding is that contracts are more or less pre paid to the contracting firm so how would this work…?

What time do you think layoffs will start on Tues AM?

Last week slack had 26,800+

Time to look for a new job!

just a rant: kind of difficult to take in that we could potentially be laid off. A bit harder to take in especially since I joined 5 months ago as an early career new grad. Had to move across the country without relocation assistance only to be on... — read more 

Anyone else have recurring Monday meetings canceled with no reason given? Probably coincidence, maybe not coincidence. US-NYC

Any one who has been previously laid off willing to share what the redundnacy package was? Did they pay 2,3,4, weeks per year? Etc ? I know the packages may be different globally, but trying to gage what the package is likely to look like?

Am I petty and immature for being overjoyed that my dog sitter texted her clients to say she has had too many bad experiences with Venmo and will no longer accept payments via Venmo?

The company’s recent surge in share price has been driven primarily by the latest rumor that it is slated for acquisition—truly ironic.

Biggest bunch of Muppets I have ever dealth with Destroyed morale, productivity down all cus they can't just execute a fricking plan regarding layoffs Worse company EVER

Theres more chance of Jesus Christ reappearing on earth this week than there is of PayPal announcing layoffs They are a bunch of absolute scaremongering sc-ms Boycott them for life

I heard Aug 18 for the layoffs in the US (a little birdie told me). Reorg shortly after.

Enrique just continuing to ruin the mental health of all employees with his absolute lies and gaslighting This company is criminal If you're letting people go just do it already and stop talking rubbish Forcing people to quit by destroying the... — read more 

Enrique said they are on track to remove three organizational layers to increase spans of control this year in the Q&A email. What does this mean?

Dday

Stay at PayPal and watch the environment get worse, workload piling up, morale tanking, and layoffs happening and more always looming. Or leave and step into the unknown, hoping the next place isn't the same circus. It's a lose-lose. But staying... — read more 

every time i log in and there is a problem I get that spike of adrenalin and think is today the day. Kind of su-ks waiting with a sword of Damocles over our heads

Anyone else randomly get their new hire ticket closed out today? Odd timing…

At this point I'm just waiting for it. The past few years have been horrible. Every all hands meeting is like the Oscar nominations, (except the last one). Managers congratulating each other of the great Job they did. The work get's more and more... — read more 

Not sure if that’s good or bad but they seem like they are gone.

Uhhh PayPal hasn’t filed WARN notices (US-based). They have to be filed 90 days before layoffs. So what the he-l did Enrique’s message mean - that they’re filing WARN within the next few weeks? https://layoffdata.com/company/paypal/

If anyone in any department in any country gets notified today of layoffs please comment here which team has been effected and where you are based. I hope something happens soon. Morale is at an all time low and productivity even lower.

Now we have a reputation that PayPal is where careers go to wither. Honestly, being laid off is probably a gift at this point.

If it’s going to happen just let it happen already. Any precedent to whether they do layoffs on Mondays or Fridays? I’ve seen both at other orgs.