Thread regarding PayPal layoffs

Nobody in my group received a notification yet

I'm worried they might leave our group for tomorrow. I'd truly hate that. I'd rather know right away than have to spend a sleepless night worrying about what will happen tomorrow. Even if I'm among those who are affected, I'd much rather learn about it today.

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| 2771 views | | 11 replies (last February 2, 2024) | Reply
Post ID: @OP+1qPU0sAv

11 replies (most recent on top)

"There is no point worrying about something you can't control, if you are impacted just take it as an opportunity, in 10 years you will look back and it might be the best thing that ever happened to you "

Unless you are over 50 and closing in at the endo of your working career, have a family with all the stuff that comes with that. It is a huge worry PayPal has mad almost 4 billion in profit in the last 3 quarters.2500 people at a paltry 50k per year is only 125 million. There is enough money to keep them employed. Vanguard owns 113 million shares they are the largest shareholder they wont even make 113 million dollars by the cuts. ther eis no reason to make the cuts.

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Post ID: @3ydu+1qPU0sAv

Anyone in GCS EMEA hear any update

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Post ID: @1lhj+1qPU0sAv

Yes in emea today. More to come

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Post ID: @1ase+1qPU0sAv

Is there more news today? I haven't heard anything. I'm a remote employee, so nothing to overhear at the water cooler...

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Post ID: @1xmc+1qPU0sAv

Anybody know uf the zettle business getting hit?

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Post ID: @elm+1qPU0sAv

Has anyone in Braintree Support been let go?

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Post ID: @mll+1qPU0sAv

yeah the lists have already been drawn up. The great algorithm in the sky has decided. Live by the algorithm die by the algorithm

sigh

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Post ID: @edn+1qPU0sAv

All articles I have read state it is research and development and engineering. This is not surprising given that they want to change directions and focus on getting the info we have working correctly. Hopefully there will not be any other major one for a good while. This comes with the territory of getting a new CEO when the other one left a mess.

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Post ID: @kda+1qPU0sAv

What area are you in?

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Post ID: @kae+1qPU0sAv

Only areas impacted in NA got an invite to today’s meeting. Will we get any in APAC?

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Post ID: @ywn+1qPU0sAv

There is no point worrying about something you can't control, if you are impacted just take it as an opportunity, in 10 years you will look back and it might be the best thing that ever happened to you

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Post ID: @nto+1qPU0sAv

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