Thread regarding PayPal layoffs

Venmo layoff base of performance review

My Manager in Venmo told us in small staff meeting that all venmo layoff were base of last individual performance review


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Post ID: @OP+1m2bby0z4

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I suspect that any prior "Needs Improvement" rating was enough to be flagged for possible layoff.
Even if they were later reviewed as Meets Expectations.
So I will never rate someone that way, ever.

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Post ID: @eh+1m2bby0z4

I don’t always trust this narrative. Saw my friend get sidelined (bnpl) and tagged as underperforming with an Alex Chriss era new hire that just wanted to hire in someone from their old company.

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Post ID: @d1+1m2bby0z4

I know 4 of them

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Post ID: @bg+1m2bby0z4

how many

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Post ID: @bb+1m2bby0z4

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