Layoff was just the beginning over here. I feel so defeated and alone. I lost my job but also some of the only outside world communication I’ve had since covid. Check on your friends. It’s probably the ones you expect the least that are struggling... — read more 

Why has NY not been impacted at all? They're the most expensive location, they have the least amount of experience, they continuously get promoted, their jobs are nonsense, and they're flat out bad at their jobs. When is the last time there was an... — read more 

I'm too tired to deal with that on top of everything.

For your own good, don't become the guy management looks at and figures out they can drop on all the work that still has to be done but there's nobody to it anymore. Don't be the guy who never complains and gives them no trouble and ends up with five... — read more 

I want to put up a sign that says "Days since the last layoff" and see how high I can get the number. Judging by the last few months, the chances of going above 14 are slim to none. Talk about a huuuge red flag that indicates it's time to look for a... — read more 

Internal job interviews have stopped. Does that mean layoffs are about to happen in July ?

The future doesn't look very bright. I am very afraid of losing my job because I have been trying in vain for several months to find a new job. Of course no one is safe, but which roles do you think are most at risk and which ones are a little... — read more 

Anyone know

In general, it is not surprising that this company is on a downward trajectory because the leadership hasn't had any vision or direction for a while now. That's how I feel about it anyway but I would like someone to convince me that this is not... — read more 

https://yourvalley.net/stories/paypal-confirms-layoffs-closure-of-chandler-facility,308169

I see so many people worried about being laid off and I have to ask, why? Working here sucks. There are still many companies that are doing great and interesting work that are in desperate need of employees. I'm talking about companies that pay... — read more 

Management obviously doesn't understand a thing or two about people working for them. How can they expect employees whose jobs are constantly threatened by layoffs to be as productive as possible? Who can manage to be fully productive in such... — read more 

Klarna had big layoffs recently as did Western Union and a bunch of others. Let's face it, the entire industry is currently in a crisis and there's not much anybody can do about it. My honest advice is that if you want job security, move to another... — read more 

I was with PayPal for over 10 years, and was on both sides of the layoff experience. While PayPal does take very good care of their employees, they have zero loyalty. You will be employed there exactly as long as you are perceived as useful and not... — read more 

Having layoffs every month feels like a particularly cruel type of torture. Why can't they have all the layoffs at once? Take two or three weeks to get it done, but get it done. Having to worry about more cuts month after month after month is messing... — read more 

I've been finding excuses why not to start looking for a new job for over a year. The latest round (rounds, actually) of layoffs have convinced me that there is nothing that could happen that would be much worse than staying here. I'll be leaving as... — read more 

I feel sorry for all the employees who are affected because losing your job is very stressful, even for those who are somewhat prepared and have savings. However, survivors are also stressed. I immediately got more work to do after my colleague got... — read more 

I keep wondering if better leadership would've been able to prevent or reduce the scope of layoffs. I think so. Do you agree? If this leadership had a slightly better vision, really cared about the future of PayPal, or had some concrete long term... — read more 

As somebody said before, as long as they can find people to do our jobs for less money they'll keep laying us off. They don't care how long any of us have been here and how much hard work we've put into this company. All that matters to them are the... — read more 

I'm under a lot of pressure. I don’t have enough savings, I can’t get a new job, which means I have to keep this one for a while longer, and here I am now literally doing a job for three people. I don't know how much longer I will be able to... — read more 

Today seems to be calm as well, although the day did just start. Is it safe to think that we're finally done? At least for now, I am well aware that more will be coming at some point down the line. But I could really use some time to recharge since... — read more 

I must admit they had a great idea that those who survive layoffs do more work, but that idea won't fly because this is not the only company I can work for. Do they think we should be grateful just to have a job? If leadership thinks survivors... — read more 

These are hard times and I think for as long as I have been working here it's never been more stressful. Still, I hope that the company will somehow get back on track, although I'm not even sure if that's possible anymore. Most people are... — read more 

The never-ending layoffs are stressing me out so much that I've started losing motivation to give it even my average, not to mention my all. Why would I? No matter how hard I work I can be laid off in a blink of an eye. I've seen it happen to some of... — read more 

Are we expecting more layoffs or no?

I was lucky enough to find a new job and quit before a former colleague told me that layoffs are happening. Is it known how many people are cut? I feel very sorry for everyone affected, but if it's some consolation, I am so relieved, I feel like a... — read more 

There'll be plenty of time to worry in the coming weeks and months. I'm determined not to let what's been happening to define my entire life and ruin the little free time I get throughout the year. I feel bad for those of you who can't stop stressing... — read more 

“The company now expects to incur an additional $100 million in restructuring charges this year, though the job cuts will ultimately help the firm save about $260 million a year in employee-related costs, PayPal said. “We are continuing to review... — read more 

I feel bad for some of my now-former colleagues who were hit in this round. All of them are great people and hard workers. Some of them have been with PayPal for over a decade. None of them are looking forward to the job hunting part, since it's been... — read more 

First of all, I am sorry for everyone affected and I hope you find a new job soon. One of the laid off is my friend who was sure he was safe. Why do some people here think their position is safer than other positions? Hasn’t it been confirmed... — read more 

I've read in a few places that the layoffs are expected to last two weeks. What are the chances this is true? I hate the idea of having to wait the entire weekend not knowing if we're done or not. As if this hasn't been a stressful enough week as it... — read more 

https://www.chicagobusiness.com/employment/paypal-layoffs-hit-chicago

A clear sign that a company is sinking is when it starts to get rid of its best employees. Why did they lay off the best people? I am very sorry for everyone who was affected, but I am sure that these people will fare better, and that in the long... — read more 

looking to save money? gut your entire risk department! Oops, looks like you failed to meet AML/CTF standards, enjoy your several years in a row of fines and audit failures!

Judging by my manager’s behavior, I knew something was brewing. I was terribly worried about being cut, and now that it has happened, I feel some weird kind of relief. No more stress, just a relief... Even if it's hard to find a new job, I'm glad... — read more 

Bookmark your state's unemployment website on your personal device, if you haven't already. That way, if you get the news, you will at least have something within your control that you can do. Clear out any personal emails & paystubs, if you... — read more