I'm expecting the worst regarding the earnings call so I'm fully prepared for the C-suite to go nuclear over it. I swear if things don't improve soon, there'll be no more PayPal within a couple of years. You can't improve results by cutting people and expect to see it reflected positively in the long run. Soon enough there'll be nobody left to cut.
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Join the crowd...
https://www.thelayoff.com/california
Earnings were fine, but the market at large is freaking out and not just about PayPal. Because it always does. It seems like they're really concerned over operating margin; hopefully things calm down once that target is hit.
Or I'm totally wrong and they just keep gutting teams. Who knows.
I know someone joked about taking the $2500 but that's exactly what they're doing. They're looking for other "violations" they can now scope in to take money and claim it as revenue. It's so gross.
Just steal $2500 from each account, per the new T & C. Problem solved.