Thread regarding PayPal layoffs

Cronyism at PayPal

So Enrique bypasses his own CTO who is supposed to lead AI transformation in the company and hires another woman with the same profile to create a parallel AI transformation org . Both the CTO and this woman are not AI specialists and both are drawing millions in salary while thousands await layoff of their only source of livelihood. Same story repeated across departments where unqualified people parachuted from outside drawing huge salaries while tenured professionals on verge of loosing their jobs. Make that make sense to me please


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Post ID: @OP+1m1yj44jy

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At this point PayPal resembles a giant airport terminal with everyone coming and going and no one staying put except those awaiting layoffs!

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Post ID: @cn+1m1yj44jy

Chief marketing officer .. his long term friend .… but one thing I get surprised is how everyone just accepts the new leadership and start bootlicking ..

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Post ID: @ax+1m1yj44jy

Same as ex ceo Alex Chris shocked the world on his first public speech... Then hired all his friends in the big management to be the layoff by board.. that shocked the world.. no suprise each ceo brings friends whatever skills or experience

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Post ID: @ab+1m1yj44jy

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