Topics regarding layoffs at PayPal

Topics regarding layoffs at PayPal

Retention payment?

Did anyone receive a retention payment today? I get my paycheck a day early through my bank and the line item on my paycheck says retention payment. I have no announcement or notice it as receiving this

RTO Updates yet?

Any info on if RTO is still expected to be announced soon? Hoping they at least wait until after the new year…

Any updates.

Has anyone any credible information relating to EMEA please. I think maybe its time to relax until January 2025. Does anyone else agree

Severance package for San Jose location

Can someone share their experience with severance and WARN? I was with the company for 8 years and received a severance package of 3 weeks plus an additional 4 weeks. My last day with the company is set to be 9 weeks after the layoff (SE3). I am... — read more 

Bullying from management

Has anybody experienced recently bullying and harassment from their leaders for stupid things? I feel it’s a widespread issue and coming from the top of the chain to pressure people to leave

5 years

Worked for PayPal almost 5 years. Not the same company as when I started. Lost a lot of good friends and coworkers today and the experience they had can’t be replaced.

PTO

I wonder if they will pay out PTO, I had maxed out at 280 hours.

'Technology Leadership' - Important Team Update.

'Technology Leadership' Important Team Update. Hi, Please join me to connect for an important..... If you received one of these emails today, unfortunately, it means you are being laid off.

Confirmed GCS US affected

It's done. Meeting eliminated total teams in US- ICA. The American dream is trash. The dream is overseas

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| 311 views | | no replies yet
Post ID: @OP+1sFCz6T5

June layoffs

Getting really nervous about this, but would really appreciate it if people can share what they know! Serious replies only please.

Return to office announcement expected this week

The long circulating rumors appear to be true regarding a return to office. Expected announcement this week. Any idea on what this policy actually looks like? Any word on employees hired as remote with no office within 100+ miles?

Layoffs summer 2024?

Does anyone have actual knowledge of more layoffs coming for North American teams? I’ve heard rumors, but wondering if anyone who has knowledge can share…?

Return to office?

I’m really worried about a potential return to office! Is this another tactic to get us out??

Employee surveys

You know those employee surveys they ask us to complete a couple times a year? They say on the email that your answers are confidential but they say nothing about your answers being anonymous. Have you ever wondered... who are my answers confidential... — read more 

WARN Notice

Is the warn notice California that is out right now with effective date of March 30th for those that were let go in feb and it just means that their official date where they no longer get serverance is March 30th OR does this mean there are more... — read more 

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| 790 views | | 1 reply (February 23, 2024)
Post ID: @OP+1rdHjjDc

Annual comp pkg

What was the outcome of your annual comp convo this week? Increases in pay, stock and any promos?

Job hunting

What’s your experience with finding a new job? I know it’s too early to panic, but I haven’t been lucky so far.

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| 890 views | | 4 replies (last February 18, 2024)
Post ID: @OP+1qYdUrYm

Don't bother

I've seen so many folks give it their all to the company just to get used up, trampled on, and then tossed aside in layoffs like they're nothing. This company has totally lost its way. It's stuck in this perpetual transition mode until it crumbles... — read more 

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| 1890 views | | 5 replies (last February 10, 2024)
Post ID: @OP+1qTPEJ8k

I hope it will be over soon

NA has been hit hard. I still do not know if I will be sacked. I hope I will find out soon, because waiting is ki–ing me. Not looking forward to job hunting in this economy.

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| 861 views | | 2 replies (last February 4, 2024)
Post ID: @OP+1qSMVHt9

The Layoffs Started before this week

Several employees including myself were fired (not laid off) abruptly 2 weeks before Christmas. Most had been with the company for years & were top performers & had no disciplinary record. They basically wanted to have fewer people to have to pay... — read more 

Severance for NA

10 weeks of pay. 1 additional week of pay for every year of tenure above 5 years. 6 months of Cobra Heathcare. AIP (for those who qualified). Lose unvested stock.

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| 1650 views | | 7 replies (last February 3, 2024)
Post ID: @OP+1qSeJBmP

AU Ica

All of Australia ICA that lives in NA have been let go. The only support agents have are Manila ICA which is only a hand full of agents. They weren’t able to log in to their systems and had to wait for a phone call!!

NA - goodbyes

Multiple cs long term team leads and a few high level supervidors just informed in NA. Good bye knowledge base. Still waiting for lower level meetings. For those in NA don't forget unemployment after severance expires. May none of us need it.

Ireland

Does anyone know if they are finished I'm Ireland?

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| 830 views | | 1 reply (February 1, 2024)
Post ID: @OP+1qRoK0KB

PayPal layoffs: "Key talent" dumped without notice

After Brex's unceremonious dispatch of its employees last week, another fintech appears to have followed suit. This time it's industry stalwart PayPal, which will be laying off around 2,500 people, 9% of the business, according to... — read more 

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| 900 views | | no replies yet
Post ID: @OP+1qR0GGic

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