#layoffrumor

They had layoffs on March 19th, cutting just under 100 people, again yesterday April 23rd and rumor has it there will be another one on May 22nd. Under 100 means they don’t have to disclose anything and keep on going.

Therefore there is no need for layoffs.

We are safe.

No need to worry.

Is this actually happening, or just talk? Anyone have real info?

I've heard that rumor one too many times. After all this preparation, couldn't they just rip the bandage off in a day or two? Why leave us hanging for weeks? Haven't we had enough stress already?

Is it true there were layoffs today and more tomorrow?

Hearing a rumor that there will be layoffs and notifications beginning the first week of May. Any truth?

Senior Exec told me to look for role…
Anyone else hearing this?

Are 2026 layoffs continuing? I heard that most of IT support was let go. Truth? Who else was impacted? No WARN notices so all under the radar?

If you’re in the Permian as I am, don’t think it’s over. They’re setting up for the future, it won’t include us.

heard no rumours yet. still, all the public announcements made on the investor day last month seem pointing to layoffs for HQ thanks to f@#king AI. Need to lawyer up now?

1) Rumors site starts getting more and more input/traction.

2) Big news media start noting potential layoffs possibly leaked by Dan and or his communications team. This lessens the blow when they actually happen internally and also starts painting a picture to the market. (Dan just noted AI will result in 20-30% unemployment for companies

3) Teams notified to work from home a week prior to the layoffs.

4) During a payroll week, Mon/Tues for Senior Directors and Thursday for the rest. The expectation amongst many well connected is Thursday, May 7th. VPs and higher are probably Earnings week w NDA. Probably will be same 15 min script for those impacted starting around 9am. And then all hands for folks remaining around 11am.

What else trends are anticipated here?

Is it true we're the next tech company to have major layoffs? I've heard too many rumors to just ignore it.

Judging by who took on our debt and turned it into equity, I'm hoping the goal here could be to improve results rather than cut costs from the get go. I could be wrong, but we'll see, I guess.

Rumors are floating around that more layoffs will be at HQ. Especially in Data, Strategy, PMO and Engineering

This is for non-PayPal folks, if you are reading threads please skip. It is AI generated based on today's discussion, the summary is for Journalists and Social Posters so we can spread the word in a unified way. We cannot change what the execs are doing but we can still spread the word and at least have some people be aware of what's being done to the worker:

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## PayPal rumor digest - April 20-21

Consolidating what is being repeated across threads:

• This does not look isolated to one org or one country. Reports are pointing to US, APAC, EMEA, Ireland, and possibly Spain. Main threads: @OP+1kpnme7ft, @OP+1kppctqsc, @OP+1kppjaw72
• The main warning sign seems to be the "Important Business Update" invite: @OP+1kpnme7ft
• Specific claims from that thread include an entire team of 40 being let go @a2+1kpnme7ft, US remote meetings @a5+1kpnme7ft, and US hit with severance of 10-26 weeks @d1+1kpnme7ft
• Locations / orgs mentioned include NA MTS @a6+1kppctqsc, North America + APAC @aa+1kppctqsc, Crypto in Guatemala @aq+1kppctqsc, and Spain office activity @dn+1kpnme7ft
• Ireland keeps coming up via linked reporting and local process discussion: @c6+1kppctqsc, @a8+1kpnme7ft, @a9+1kpnme7ft, @105+1kp93ywqj, plus consultation process comments @b6+1kpnme7ft and @b9+1kpnme7ft
• On numbers, there is no consensus. Estimates range from 25-300 @ak+1kprdja02 to 5000+ @aj+1kprdja02, so take all headcount claims with caution
• General sentiment is that this is another round in an ongoing pattern, not a surprise one-off: @OP+1kprh0pdk

Hello, my name is Nitesh,

A friend told me that this is a good place to ask insiders about possible layoffs.

I received an offer from Qualcomm (in India) and I do not know if I should accept it. Some of my friends at Oracle were laid off and I do not want to suffer the same way.

Thanks for any information in advance.

Did we hear anything new on potential May cuts? Or has that rumor been debunked?

If it's true there will be a round next week.

Is it true?

Any ideas of what is coming? Anyone heard any more about HUB cities ?

Brace for impact.

Isn’t Care Week (what a joke) scheduled for next week? I keep hearing layoffs will be on 4/30. Wouldn’t it make more sense to have the layoffs this Thursday?

Is May 7th the next RIF?

Do we have any idea what's coming and when?

I don’t have the guts to quit, but if they did it for me, it would make the decision easy. That’s where I am right now.

Will there be more cuts?

rumblings that major organization activity will commmence this week

1. They’ve been delayed to add more names to the list.
2. But they’re ready to go now. Week of 4/27.
3. Leaders have been asked to provide team productivity data.
4. I heard 10% and 20%. Worst number was 40% (of PHK Tech, not Global), probably over several waves.

I’m at the skunkworks, and since the Doug news broke, the mood has shifted pretty noticeably. A lot of us feel like the clock is ticking. Once Farley’s out, we lose our last real advocate for keeping this operation in California, Alan Clarke aside, but Dearborn’s not going to fight for us. I’m expecting a mass exodus, and the wild part is they haven’t even finished the Long Beach construction. We all know what Blue Oval City represents, so nothing feels off the table right now.​​​​​​​​​​​​​​​​

Or let me put it another way, any credible news on more cuts?

Anyone have any insight into ECS and layoffs? It’s been really weird with such little work available. Is AI being used covertly?

July is after June. Oh and this is my daily proclamation that Fraud will have layoffs in the next quarter- so in case it does happen I can come back and say I was right. - my name is Ms. Cleo “Call me now”

Our group had an all-hands meeting recently where we spent 45 minutes witnessing managers patting themselves on the back and 5 minutes of dodging questions about backfilling roles, future layoffs or severance. So yeah, super useful and effective. I'm still trying to figure out what was the point.