Thread regarding PayPal layoffs

IRELAND lay offs

Anyone knows anything? Any details etc..

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| 4118 views | | 20 replies (last April 5, 2024) | Reply
Post ID: @OP+1lirGlXS

20 replies (most recent on top)

Anyone heard about the second wave?
Heard departments weren't impacted before can be now.

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Post ID: @6Bigl+1lirGlXS

Has anyone heard who the potential redundancies will effect. I've heard front office will be safe. However after meetings with managers regrading team performance. The outsourced companies have over achieved compared to in-house. Eg concentrix. So they say... However I get the feeling they are preparing us for what's going to happen the end of Janaury and try and put the onus on the teams. Then again it could be just a feeling. It's hard to trust PayPal when they have such a toxic culture.

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Post ID: @5cxsc+1lirGlXS

They re-train ICA for universal agents with no logical reason and ppl are bullied until someone will understand someone creates fictious work for ica

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Post ID: @56lbp+1lirGlXS

Any news of further layoffs coming?

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Post ID: @Becx+1lirGlXS

If this happens employees will go to compliant to hr, think people are extremely upset

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Post ID: @vijl+1lirGlXS

Rumours are Q2 so April I would guess
Officially no news of any impact to ica
Talk of re training them as universal agents. Nothing set in concrete yet

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Post ID: @tkis+1lirGlXS

Anyone knows any rumours of when turns to grade 18/19 ica?

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Post ID: @kudv+1lirGlXS

Credit cs
My ahole boss in ddk informed us
No sharing or talking to media
Ica teaching india how to do it
No numbers just told and they doing some 30 thing then I will know
Don’t trust them
Also as I’m from north getting screwed with a new contract if I do get to stay (I hope not)

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Post ID: @gvjj+1lirGlXS

Following on from a comment below, is there talk of further redundancies being announced in March? Further on from these today?

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Post ID: @8cgc+1lirGlXS

So is it only 68 roles cut across all of Dublin and Dundalk? Or is it 68
Across CS and other departments will also be affected?

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Post ID: @8vqo+1lirGlXS

31 roles affected GCS , 63 across dub and Dundalk

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Post ID: @8ugo+1lirGlXS

All of business support and CS sheduled for meetings at 10am this morning , Dundalk site.

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Post ID: @8hfn+1lirGlXS

Still no information...

https://www.dundalkdemocrat.ie/news/home/1048188/still-no-clarity-for-dundalk-paypal-workers.html

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Post ID: @7mcf+1lirGlXS

Ahhh it’s very exciting!! Wonder what package we’ll get

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Post ID: @1iwj+1lirGlXS

The calm before the storm, Preparing the plan for Ireland soon as we have bigger legislation that's why Ireland is not impact yet.

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Post ID: @1ddd+1lirGlXS

No layoff in Ireland. Been 23 days and we haven't heard one single word about it. Nothing at all.

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Post ID: @1gfw+1lirGlXS

All quiet still in Dundalk site..

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Post ID: @tse+1lirGlXS

They will be saving a chunk in facilities and also I think they have scrapped quite a few product plans which can eat up a lot of budget.

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Post ID: @prt+1lirGlXS

I know there's another big wave coming in March but I have no location details or a specific date, sorry

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Post ID: @gid+1lirGlXS

2 weeks ago, EE in Ireland was officially informed by their management that there would be no further impacts on their department at this time. Later, EE leadership said that they could not give any guarantees, and things could change in a few weeks. No details were given about the other departments.
As per irish legislation on redundancies, they announced redundancies, they must also inform us that they are entering into a period of consultation, which could last 30 days until the termination date. So, since this was not announced and we were not given a list of affected departments and a number of employees that are due to be made redundant, all we can do is wait.
Last year, PayPal saved $900 million dollars in operational costs. Their plan for 2023 was to save $ 1,3 billion dollars. As per information in the article below, the redundancies, which were announced in January 2023, are expected to save $600 million dollars. The question is, were $600 million dollars previously included in their plan to save $ 1,3 billion dollars? Or did they find additional way to save money, and the total amount should be $1,8 billion dollars, so even more redundancies are on the way this year?

https://www.businessinsider.com/paypal-potential-ceo-candidates-to-succeed-dan-schulman-2023-2?r=US&IR=T

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Post ID: @uen+1lirGlXS

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