Any truth to the rumour that this wasn't supposed to announced until May this year but they had to release the statement early due to a leak?
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The media announcements and the internal email were all within minutes of each other, suggesting it was all co-ordinated. A lot of the text was even the same.
The layoffs (including the communication) would have been planned for weeks or even months. A poster here even predicted Feb 1st ages ago if you check back through old posts, so they obviously heard/saw something. To me, the whole thing seems cold and calculated.
I saw the email text reported on news sites prior to it showing up on the PayPal press release site.
This suggests the pr post was in response to leaks. As a SEC matter, I suspect they needed to make it public at that point.
Considering they keep their layoffs secretive to protect their internal systems against disgruntled employees - it was absolutely a situation that was beyond their control and they decided to feign control by attempting to make the leak look intentional.
I believe the timing was intended but there were a lot of leaks RE layoffs happening soon and people speculating that a meeting invite appeared to be a layoff . I think that is why it was announced by Dan when it never has been in the past.
Highly unlikely. Seems like the timing of this was very calculated - just before shares vesting and annual reviews/bonuses, and the earnings call in a few weeks.