Thread regarding PayPal layoffs

Summer is upon us, are we out of the woods?

Can I book a holiday now, or should I start interviewing elsewhere?

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| 2761 views | | 26 replies (last June 19, 2024) | Reply
Post ID: @OP+1t3eOxKX

26 replies (most recent on top)

Consultation period is just formality to comply with EU laws.

The reduction is set in stone.

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Post ID: @3uyt+1t3eOxKX

Answering the qq of the layoff if it is today. Technically no, next week the consultation period will start after representation has been selected and after 30days the official layoff will be provided. But for ICA ireland it’s sure all will go, we just have 30days until we get the official notice. In the meantime they will offer other available roles. But I doubt there will be many.

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Post ID: @2ogi+1t3eOxKX

https://www.rte.ie/news/business/2024/0618/1455353-paypal-to-cut-85-ireland-based-jobs/

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Post ID: @2kwc+1t3eOxKX

Link?

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Post ID: @2cxd+1t3eOxKX

85 redundancies for Ireland… It’s on the news

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Post ID: @2ugu+1t3eOxKX

Has anyone from Ireland ICA actually been told they are laid off TODAY? Please share if you have more details...

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Post ID: @2hou+1t3eOxKX

What was the title of the meeting. It included merchant services/global markets?

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Post ID: @2sdf+1t3eOxKX

What happened in the 10am mandatory meeting???

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Post ID: @2yvk+1t3eOxKX

I said it another thread it's their typical MO to do last hurrahs before cutting numbers.

I'm glad our headcount savings was there to pay for those $100k+ visits (no doubt they all flow business and stay in the nicest hotels)

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Post ID: @2cfd+1t3eOxKX

All of Ireland ICA was made redundant, not too sure about any other department

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Post ID: @2gvu+1t3eOxKX

I wonder if they are doing to IRE what they did to NA and that is have the suits visit for photo ops then do layoffs. I wonder how many regions will get this treatment.

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Post ID: @2yub+1t3eOxKX

I heard some merchant got invited too (sales etc.)

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Post ID: @2tyb+1t3eOxKX

Well people did say something was coming today

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Post ID: @2vus+1t3eOxKX

Ireland meeting confirmed at 10am to all ICA, I don't know if other departments too, but after the closed/moved of ICA NA it was only a question of time..

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Post ID: @2cyz+1t3eOxKX

Does everyone in Ireland has the mandatory meeting at 10 am?

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Post ID: @2vgk+1t3eOxKX

Which departments?

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Post ID: @2fth+1t3eOxKX

Mandatory meeting at 10 today so we’ll know in a few more hours.

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Post ID: @2yhw+1t3eOxKX

Announcements expected today. Stay tuned

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Post ID: @2oft+1t3eOxKX

We're finished; go ahead and book your vacation. I had a friendly chat with Chris this morning, and he assured me that no cuts will be made before next January.

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Post ID: @1elu+1t3eOxKX

Oh there is something happening tomorrow - easy to prove this wrong really isn't it given we're saying tomorrow.

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Post ID: @1phj+1t3eOxKX

Nobody knows for sure, except the 'higher ups' and they won't be commenting on here.

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Post ID: @1cwb+1t3eOxKX

For those who say something will happen this week, source please?
For those who say nothing is going to happen, source please too?

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Post ID: @1vdq+1t3eOxKX

Don’t listen to that garbage. Nothing is going to happen this week. We can relax.

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Post ID: @1mct+1t3eOxKX

Source please??

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Post ID: @1edp+1t3eOxKX

Something is happening this week, likely tomorrow. Not all orgs but one org globally.

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Post ID: @1hfc+1t3eOxKX

I think the announcement will be coming soon. It is extremely quiet at the moment, shares are going down quickly. They will have to do some cutting costs before the Q3 starts.

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Post ID: @1bfr+1t3eOxKX

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