Can you offer to get laid off? Who should I go to? How to approach this safely? I don’t want to go to my manager for sure.
My guess is it'll continue next week
Too few people were laid off for the top brass to be satisfied. I'm betting you they're going to try and fly a few of these smaller rounds under the radar before the earnings call on 11/03 and then we'll be faced with the brunt of it. This is just... — read more
Layoffs this week
Heard layoffs in Srce PMO this week . Anyone knows the count and why it’s not in news yet ?
Aaron K management is absurdly terrible
Will he replace Dan? They keep moving teams under him but he seems to have owned the worst departments. The last AUP thing was his idea, how can they continue to keep him around?
PayPal apologizes for policy notice saying users could face $2,500 fines for misinformation
People are tired of being LIED TO PAYPAL. What is entertaining is that you brought this on to yourself. Paypal can't blame anyone else for their actions @PayPal actions have consequences Paypal. ... — read more
Would you ever nominate PayPal as “best places to work”?
For the life of me, I can't figure out how PayPal is among America's best employers according to Forbes. Even if we disregard constant layoffs, this place has very little to offer and it expects too much from us all the time. Who makes these... — read more
Elliot’s Impact?
Anybody have any guesses as to what Elliot is going to do next? Force a board seat, remove Dan, more layoffs? It’s eerily quiet now, given all that must be going on behind the proverbial curtain.
Are layoffs done for a while?
Or have you heard any whispers?
The Minions move up
Looks like favorites get promoted once again. Keep promoting unqualified minions and ruin the department even more.
AIP bonus in layoff?
Anyone get theirs? AIP bonus runs from Jan 1- December.
A lot needs to change here
It's become very difficult to work here. I am literally drained. I love my job, but lately I have neither the focus nor the motivation to do anything more than the minimum. Does anyone expect some positive changes to happen here or is looking... — read more
I Hate This Company
I absolutely cannot stand this company anymore. This has to be the most depressing place I've ever worked at now. Everyone seems stressed, overworked, sad, and just confused on what to do, how to do it, and even if they should. The constant threat of... — read more
Unvested Restricted Stock Units
Anyone manage to get them included in their severance or did you lose them?
Searching for better opportunities
I am almost certain that there are very few people here who are not looking for something better. The job market is not hot and I can't get an offer at the moment. It depresses me a bit, but I still hope that I will be lucky enough to leave here... — read more
I can’t take it anymore
The horrendous management of these redundancies and the thought of more is like psychological torture. How can you be productive when the sword of Damocles is constantly dangling over your head? Working for PayPal is like being in an abusive... — read more
I finally found a new job
I was laid off in June. I took a week off before I started looking for a new job. It was good to see plenty of available options when I did start applying. I landed a job that pays better than my old position at PayPal and from what I've seen so far... — read more
You've gotta be kidding me
According to an SEC filing, our new CFO coming from EA is gonna be paid, in salary/RSU/PSU/bonus, nearly $20 million over the next three years. Assuming this site allows links, see page three: https://seekingalpha.com/filings/pdf/15985914 750k... — read more
$900 Million in cost cutting measures which include layoffs
$900 Million in cost cutting measures which include layoffs Google it and read all about it.
Anyone know when ...
Anyone know when the venmo and amazon integration is going to be completed? What's the current project deadline?
Great disconnect
All of us are witnesses to a big disconnect between leadership and the company. But I'm interested in what you think caused this disconnection in the first place?
Mixed feelings right now
Ever since rumors have started circulating about a new round of layoffs, I am no longer even sure if I want to survive them and remain in this company that seems to be headed in the wrong direction. Are there more people for whom the layoff would... — read more
Tomorrow's earnings will determine how many layoffs we'll have
At least I think that's how it's going to play out. Depending on how good (or more likely bad) the results are, the management will act to implement measures to improve the situation. Usually, those measures include layoffs and often as the main... — read more
PayPal will quickly reach rock bottom without talents
Considering the terrible management style, it is surprising that there are still talented individuals left here at all. That's why I say that PayPal can be considered a lucky company, because I can't even imagine what this company will look like... — read more
More layoffs coming
There are more layoffs coming. I hear in about three weeks. The ones I know about will be in compliance.
Morale is at an all time low
I've been working here for a long time and that's why I can safely say that morale has never been lower. Main reason for that are bad managerial decisions. PayPal urgently needs to boost employee morale so that the remaining knowledgeable employees... — read more
Fiachre
How does he and anyone reporting under him have a job though?
Where will PayPal be in 5 years...
Be frank... and realistic...
Glassdoor Reviews
Review PayPal on Glassdoor and try to be honest about Schulman. I have tried to make a review that included a bad review of the CEO and when it posted it did not reflect that. Looking at recent positive reviews, they look fake. Something is happening... — read more
We're simply unlucky
There are companies that realize the value of their employees and will bend over backwards to make sure to either avoid or minimize layoffs. Then there are companies that will use any crisis (even an artificial one) to cut as many people as possible... — read more
Surviving layoffs is not all it's cracked up to be
I've survived the last three major rounds but I don't want to be here anymore. I saw three times how little PayPal cares about its employees and now I've lost all interest in working for this company. Most of my time is spent looking for another job... — read more
A completely different company
I hear rumors about more cuts. Unbelievable! If this is true, I wonder what will remain of the former company? Soon PayPal won't even look like the company it was a few years ago?
That's a little ironic
When I first started working here, it seems to me that experienced employees were highly valued. I couldn't wait to get the experience myself. Now that I have more experience, I feel unwelcome at PayPal because of it, as I assume, and many others... — read more
Worst year since I've been working here
Honestly, I didn't think this year would be doom and gloom as it turned out to be. I've been working at PayPal for more than eight years and I don't think it's ever been worse. I wonder what awaits us until the end of the year (if we don't get cut... — read more
Severance Deposit date?
I've officially run out of money. Any idea when the severance will hit? Last day June 7
I can’t concentrate on work at all
They created such an ugly atmosphere full of tension, I can’t even concentrate on work. The manager expects me to ignore the fact that the cuts are around the corner and expects us to work harder than ever. Well, that's not the way it works. I... — read more
Good to know we've resumed hiring
It's not as if the management just got rid of hundreds of employees because we needed to cut costs, right? It really is infuriating to see things like this happen. Why did we have to get rid of people if we're now hiring and why were those jobs not... — read more
Did they even bother to make a plan?
I understand the reason why they decided on the cuts, but couldn’t they have planned them a little better? Some teams will be badly damaged. It seems it's important for our management to make cuts, even without any planning.
Mgmt will start piling on the work
I'd rather have a lot of work than have nothing to do and be laid off, but I'm already overwhelmed. Are you ready to get even more work to do? In any case, it is wisest to look for a new job.