Thread regarding PayPal layoffs

May 2022 Job Cuts: Outsourcing US Jobs to Mexico City, Guatemala, Bangalore, and Shanghai

This layoff round affected entire departments, across multiple roles, as well as team and group leaders. If it were a few people here and there it's one thing.

This is probably 95%+ of the US back office positions across at least San Jose, Chandler, Omaha, and Chicago. (Plus what they already did to Dundalk/Dublin).

This is Seller Risk, Buyer Risk, Brand Risk, Global Credit, Merchant Risk, Success Enablement, Compliance, Due Diligence, Global Financial Crimes, that we KNOW of currently.

All those jobs have been shuffled to MX City, Guatemala, Bangalore, and Shanghai.

That's not "cutting the fat" that's outsourcing jobs for cheap labor.

by Anonymous
| 2092 views | | 3 replies (last May 27, 2022) | Reply
Post ID: @OP+1gTkvapC
Comment! It's anonymous!

3 replies (most recent on top)

Outsourcing to India

by Anonymous
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Post ID: @3jvj+1gTkvapC

They have been using the U.s. team to train the overseas teammates so it may not be 95% but it is at least 75 to 80 % of back office teams and will eventually include almost all hourly positions in North America. Because the almighty share price and Executive bonuses are more important

by Anonymous
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Post ID: @1kyp+1gTkvapC

This information is mostly false. There has been a PayPal office in Bangalore for over 5 years; their Shanghai office has been open for almost 20 years. Both of those offices have had employees in most of the departments you list since they opened. Shanghai also experienced layoffs today. Mexico City and Guatemala City have been open and staffed completely since the beginning of this year. The Chandler office permanently closed several months ago and everyone there is now virtual. I cannot speak to how many virtual employees there are in Chandler or how many were laid off today. The number of employees laid off from the Omaha office today was approximately 10%, not 95%. Stating PayPal is now outsourcing to other countries makes no sense, given how many offices around the world PayPal has opened since they started and how small a percentage of their employees actually work in the US.

by Jazzhands
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Post ID: @1psa+1gTkvapC

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