On scale of 1-10, how bad did Enrique fumble the Stripe deal? And how bad will our stock crash on Tuesday? Im wondering if I should just cash my vested RSU’s now before even bigger losses come.

I hate it here. I hate the politics, the chaos, and the daily stress, among many other things. But every time I update my LinkedIn, I get messages from recruiters who only see the brand. That's the strange bargain I've made - suffer through the... — read more 

Enrique make it clear that we're not for sale! Not for sale!

Im sure theyve got absolute dog water since the migration overseas.

Has anyone heard of anyone getting a mid year promotion this year? If so, what org?

Enrique = 44% Plenty of layoff CEOs out there and their numbers aren’t this low.

but instead of talking about the usual "diversity" bullsh-t, when will this company find a way to gain usage? Mainly any store allows google pay as a payment option, what about this company? Paypal is around way more years, why being stuck only in... — read more 

Heard from two sources I trust but anybody else hearing?

I assumed we would never have one again. I'm certain they will take the feedback to heart and change and improve (sarcasm)

I've been here long enough to remember when we were the innovators. We set the trends. We made the products everyone wanted. Now we just make slight variations to the same old products. We spend more time on office politics than on new ideas. And we... — read more 

No press release from PayPal yet but they are usually asleep so no surprises there. https://www.prnewswire.com/news-releases/asurion-appoints-kausik-rajgopal-president-chief-revenue-officer-to-accelerate-growth-302802719.html

The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. PayPal ranks #61 overall with an Overall Score of 61.2, placing it 10th out of 41... — read more 

I know this is for layoffs but just curious if anyone else is buying the stock? I got a few hundred shares this morning because it seems to have reached an all time low. I think we have good products and I can’t figure out why it’s dropped so much. ... — read more 

What the actual f-k is going on with the stock price in this company? This absolute failure of a management team has driven the market cap down to $38B. That is absolutely insane at how poorly it’s performing. Is management really this d-mb? At... — read more 

I have a proposal for the BOD’s I think they will enjoy. Instead of laying off staff we should layoff the entire SLT with AI in order to drive company growth, innovation, and profitability. By now, the Board can already sense they dropped the ball... — read more 

Shoud be Enrique Lores followed by the incredibly incompetent BOD’s. Instead of terminating the employees someone needs to clean house on the horrible SLT.

Yes, that is correct. Since we got stuck with Enrique only a few months ago Hewlett Packard has more than DOUBLED in value in just a few months. DOUBLED!!! Meanwhile we’re stuck with numbnuts dragging us to all time lows. I truly wish this was a... — read more 

For years I have watched my shares dwindle down to practically nothing. Day after day it’s just lower and lower. The CEO and CFO never address anything about the deteriorating wealth of its employees. It’s just exhausting and hard to work at a... — read more 

Announcing thousands of layoffs and then dragging it out as long as possible is just disgusting and completely demoralising. They really don't give a damn about anybody.

According to estimates, the move is part of a broader global round of cuts, with the Israeli operation expected to be affected as well. PayPal’s Israeli site currently employs between 200 and 250 workers, most of them data scientists and software... — read more 

The stock price of this company only goes down and my shares built up over 5+ years are worth a small fraction of what they were. I’ve lost so much time, energy, and money with this broken company that makes moves at a snails pace. You could layoff... — read more 

once you are made redundant, are you ready to go back in there? will jobs change or disappear at other companies too because of this AI implementation? "This company's issue isn't profit, it’s growth." The company must grow to remain competitive; if... — read more 

Email to employees bottom Lores announced his intention to make cuts so the question is now that he has announced it when will it occur can't have this sitting on employees for months.

It says over the next 2 years but still. How are you supposed to have any job security like this? I'd been expecting it given how strongly they've recently been pushing metrics leadership can see. And still I'm frustrated and annoyed. It's almost... — read more 

For the past year I was cruising. Top ratings, visible work, direct revenue impact. I thought I was as safe as anyone could be. Then a scheduled call a couple of weeks ago happened and just like that, I was gone. So for anyone at PayPal who thinks... — read more 

I have a bad feeling 3-4000 minimum will be let go :(

PayPal announced a major reorganization to streamline its business into three core divisions and accelerate growth, alongside several leadership changes and executive departures. The company emphasized simplification, stronger accountability, and... — read more 

Pretty neat cnbc got the CEO email before employees. One positive I guess is that 15% layoffs are on hold, for now, but seems like we have a solid number in mind now. Curious everyone's thoughts

We all know there will be more.

That's all I wanted to say.

Only a few hundred from the planned thousands were cut in this round. I don't know when it'll continue, but it'll continue soon enough. Be prepared, folks.

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... — read more 

I can't with people who say there were surprised by layoffs. How?? Layoffs have been a regular occurrence for years. Constant small cuts with several major rounds every few months. Where were you if you managed to miss this? I'm not saying it should... — read more