Thread regarding PayPal layoffs

12 replies (most recent on top)

@kz by Enrique... In May!!! 😆

https://finance.yahoo.com/markets/stocks/articles/paypal-layoffs-ceo-cuts-20-154944985.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAD_zZn7Hlrg42atT9OK4ZTf-s0jJscVgGWr3FrpqfOU1yX5KHlWtHKL9x7f_vpu7Ny-XS1b3Zh9Z4LGZ2P_1M72iHrMEdMD15JGk6vn0mp5HcbQ4uM8ep7_-ey-a-70xNFQ3ISk4t6ph3amPVF9opTkA-8n10QHG_NycL1VdO1tg

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Post ID: @m0+1kymp1mms

Confirmed by who?

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Post ID: @kz+1kymp1mms

REDUNDANCIES CONFIRMED: 20% workforce reduction over the next 2 to 3 years.

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Post ID: @ky+1kymp1mms

And yet again absolutely nothing has happened. They are torturing people with this abhorrent behaviour. Just get it over with already.

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Post ID: @ed+1kymp1mms

Let's rip the band-aid off Enrique!

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Post ID: @e7+1kymp1mms

Completely exhausting. Its so hard to try get through your workload everyday with this looming in the background. I've heard from a few sources that layoffs would come either immediately before or immediately after the earnings call....

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Post ID: @dm+1kymp1mms

The whole thing is exhausting. get it over and done with cus this constantly hanging over everyone's heads is not good for morale in the whole company.

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Post ID: @dj+1kymp1mms

@ay do you mean it will be announced tomorrow?

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Post ID: @b2+1kymp1mms

Brace for impact Tomm July 29..

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Post ID: @ay+1kymp1mms

@ak hopefully at least 30%. The company is bloated

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Post ID: @aw+1kymp1mms

Any word on what percentage of the workforce?

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Post ID: @ak+1kymp1mms

It is probably a matter of weeks now, no more. He mentioned that savings from restructuring are going to start to materialize in Q4 this year. So definitely will be completed in Q3.

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Post ID: @af+1kymp1mms

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