I wish I could forget about all of this and fall asleep but I can't. I keep refreshing this page in hopes of getting some more info since the leadership has decided to keep us in the dark about details. I know this is not healthy, but I can't help... — read more
IRELAND
Any update, please share
APAC Layoffs
What departments have been laid off in APAC so far
EMEA Layoff
Have any EMEA layoffs been announced yet? Any rumors of effected markets/departments
Does anyone know about marketing layoffs?
We have not heard anything in marketing yet and no one is reaching out. This waiting game is awful. Does anyone have any news?
None of us are safe
None of us are safe this week or next week or next month and so on. There is always somebody cheaper, and PayPal is always happy to replace us with them. This is our sad reality and this is why nobody should have been surprised by these layoffs. It's... — read more
Alex's e-mail
Team, In our last Global All Hands, I shared that to build a growth organization and unlock our true potential, we need to be honest about how we can improve. During the last few months, I have spent as much time as possible with as many of you as... — read more
NY layoffs finally?!!
Please tell me those bloated, overpaid id--ts in the NY office are finally getting their comeuppance this round. If the new CEO wants to see why he's picking up for so many failures, he needs to look no farther than Karczmer and the other AMEX... — read more
Nobody in my group received a notification yet
I'm worried they might leave our group for tomorrow. I'd truly hate that. I'd rather know right away than have to spend a sleepless night worrying about what will happen tomorrow. Even if I'm among those who are affected, I'd much rather learn about... — read more
Here we go
Show me the money!!
Was expecting it
i expected an announcement today for EMEA, but nothing so far.
Buckle up, it's starting
Good luck all!
Severance Package at Paypal
Anyone knows the severance package for paypal's layoff?
UPDATE PLEASE?
Who's been impacted please share.
BOLO
Big announcement today, layoffs will come between now and earnings if they are going to happen.
Not another lay off post....
Hi, I've heard rumours of redundancies in EMEA the end of January. Has anyone heard anything credible?
It is unlikely there will be another mass layoff
Going lean doesn't necessarily mean laying off. It also means not spending frivolously high is something Dan and company really liked doing. There will always be layoffs occurring in a company of this size. It is unlikely there will be another mass... — read more
PayPal is a complete mess
The only ones who're not planning to leave are those who are close to retirement and don't want to rock the boat and brown-nosers who know they wouldn't have it any better anywhere else. Since this place turned into a completely toxic cesspool, the... — read more
Prepare for layoffs
If you've been keeping up and paying attention, you know what's coming. The earnings call made that clear. The only things we don't know are when and how bad it will be, but there's no doubt this CEO is planning to make his mark through major cuts... — read more
News on more layoffs
I'm worried that we're in a calm before the storm right now. Does anybody know when we can expect more cuts?
Elliot Management has left the building
https://www.reuters.com/business/finance/activist-investor-elliott-investment-management-dissolves-stake-paypal-2023-08-14/
Intuit’s Alex Chriss named new PayPal CEO
Alex Chriss, the executive who runs the small business and self-employed group at Intuit, is the new CEO of PayPal, members of PayPal’s board announced Monday. Chriss will take over for PayPal’s longtime CEO Dan Schulman beginning Sept. 27. ... — read more
Incoming layoffs?
Can anyone confirm if there is any news of potential incoming layoffs? I haven't heard anything in months, just wanted to see if anyone else has. According to etrade news, the Braintree sector is not meeting expectations and that Apple pay is rising... — read more
Coming layoffs
I'm going to assume that layoffs everybody is talking about will be announced today during the earnings call. How much influence will the company results have on the number/timing of layoffs? Is it already decided or can it be adjusted depending on... — read more
Trying to leave without success
I sincerely hope that the job market will get better soon because I want to leave this place and I can't do that at the moment because the market is dismal. Anyone else stuck here because of bad market?
Are they done or is more for q2 coming
So last few hours of q1 left! You were very accurate in what you previously told me. Are they done with layoffs and closing places abroad? My heart can’t talk anymore Please say it’s all over Is there any more impact to risk in na and also... — read more
Layoffs
Are they done yet? Haven’t heard of anyone laid off in the last few days it seems like we are all ok for now?
Ireland
Credit collections and vc leadership currently in India and lead agents flying over next week to get it up to speed, All focus and energy is going into india, it's just a matter of time for those of us in Ireland, just wish they'd get a move on, sick... — read more
All devs job posted now in India
Looks like I am going to be dismissed my job is listed below I am in USA https://paypal.eightfold.ai/careers?location=india&domain=paypal.com
Do those at the top have any idea what they're doing?
We've already lost a bunch of people, and now we're supposed to lay off more? Do those at the top have any idea what they're doing? We can't just go around cutting people left and right without thinking about how it's gonna affect the business. We... — read more
Never McKinsey
Wherever you move after this, remember that the downfall of PayPal is the result of McKinsey's terrible direction and the ex-Amex executive team's mismanagement. McKinsey has a consistent track record of horrible consultation (cough, Enron). It is a... — read more