Thread regarding PayPal layoffs

Disastrous strategy

I could not believe my eyes when I read the email yesterday from the leadership on new strategy. Dividing our markets into core, light and cross border will further weaken PP against Revolut outside US and Germany. And how long after Germans who travel outside and see everyone using Revolut decide to switch over themselves. This will weaken us against our competitors even further. I see share price and market share collapsing now to likes of Apple Pay and Revolut Pay.


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| 14 views | | 9 replies (last 23 days ago) | Reply
Post ID: @OP+1m1gh06sh

9 replies (most recent on top)

@aq if you earn already enough for your needs, why do more? if you get promoted you might have an extra 100-150 a month in your pocket after taxes, for that you are required to do more....not worth it, the competition get's stronger and PP has the lowest customer satisfaction score a company can have, in addition we are the most expensive one....so yea not interested in PP shares at all. In addition the Honey court case will be very expensive for PP and reputal damage will be massive, there is only one way for the shares.

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Post ID: @ar+1m1gh06sh

@ak sure man, I also avoid getting promoted so I don't get those nasty shares. They can keep their salary increases, bonuses and all that so the mean shares don't hurt me...

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Post ID: @aq+1m1gh06sh

@ah who cares about the stock, smart people sold when the price was 300, as everyone knew it was just due to Covid and will crash after covid. I avoided promotions so I don't get my bonus in shares....the vested ones we got during covid where worth nothing once you where allowed to sell them...

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Post ID: @ak+1m1gh06sh

You will see how bad when our stock crashes more today. Investors can’t stand the CEO and his lack of vision and execution.

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Post ID: @ah+1m1gh06sh

If Enrique didn’t have d-mb ideas he wouldn’t have any. We all knew Enrique was out of his league and now we have to fail for another year until the Board realizes and fires him. We need a Tim Cook or someone innovative with real ideas.

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Post ID: @ag+1m1gh06sh

I use PayPal. The debit card points and the gold tier of paypal+ pays for all sorts of rubbish for free. Who gives a toss what name is on the front - just reward me!

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Post ID: @ab+1m1gh06sh

@a6 same here, I refuse to use it after I realized that they steal money from merchants to keep it so they can collect interest on it. Same with Honey, at this point PP is very dodgy and uses illegal actions to boost it's balance sheet, Honey is the best example. Paying by CC gives you as much protection, filing a CBK is online and the banks have to refund, no matter what, money is back on your account within a week, no need for PP anymore.

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Post ID: @a7+1m1gh06sh

I work for PayPal and I refuse to use it. I cancelled my account years ago when they went all woke and broke

I love revolut. So much easier to use

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Post ID: @a6+1m1gh06sh

@OP our? Are you for real. PP is not mine or yours, even if I have shares. I don't care, and I reported PP a few time to the central Bank for AML breach and not giving a sh-t. It's just a name on a pay check, no more no less.

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Post ID: @a3+1m1gh06sh

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