Topics regarding layoffs at PayPal

Topics regarding layoffs at PayPal

genius idea: let's cut bottom 5% every year

what can go wrong? such a ridiculous policy . what a race to the bottom, literally. the employee pool just keeps gettin smaller, untill you’re left with everything being optimized to the point that we do not need humans any more. . How does anyone... — read more 

Final Approach to 30th - by Friday we will know

Previous years any layoffs occurred on or near 30th. Know its painful for those worried and those hoping for a package. However, its cruel for anyone to post mis-information like of receiving notices in some region if this has not really occurred... — read more 

Monday expected layoffs

Hoping for an email early to mirror what Meta announced. Keep an eye on your teams calendars too.

Anyone hearing any chatter about 28th and Layoffs

Covered in other posts but Meta did a 5% layoff. PayPal chose 5% threshold for "Needs Improvement rating". Is this a coincidence or trend for earnings? If any planning is happening, its at highest levels. No assessments done this year about... — read more 

Managers Acting Squirrely

Does anyone else feel like their manager is acting different all the sudden? Like they used to be fine but are now micromanaging, picking apart everything you do, piling on more work and then asking when it will all be done shortly after? Is this how... — read more 

Is it finally over?

At least for this year. I'd really like to know if we can relax for at least a short while before we're it with more cuts.

Apply now

Apply for work in other places. I wouldn’t ordinarily go onto these sites, I feel you should know a lot of cuts coming following project January 2025. Redundancies in 2025 will NOT have enhanced redundancy payments. None. What will change. 16 per... — read more 

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| 1510 views | | 7 replies (last November 20, 2024)
Post ID: @OP+1vqLeRQm

Quiet firing or layoffs

Any rumours of layoffs or do people think the company is using quiet firing techniques. Getting rid of all benefits and return to office to encourage people to quit so they don't have to pay them out.

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| 1330 views | | 6 replies (last November 18, 2024)
Post ID: @OP+1v34Ek12

Tons of VTO in NA/CA - CRE, BRE. And AU BRE.

We know there is a bunch of VTO that is being offered throughout multiple NA customer service departments. Which is why everyone is worried about the next round of layoffs. However people keep taking the VTO instead of just being available to work... — read more 

Layoff

For emea Compliance and fraud March That is what I am overhearing right now? I’ll sp-t in the food next time

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| 2380 views | | 12 replies (last October 25, 2024)
Post ID: @OP+1uHd5IVh

I'm getting tired of all the rumors

It's annoying, but I can't help but worry once I hear something. The latest one flying around is about possible layoffs in October. Has anybody here heard anything about it? I 'm starting to think it's time I give up on PayPal and start looking for a... — read more 

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| 1630 views | | 6 replies (last December 28, 2024)
Post ID: @OP+1uG8YRrM

Future layoffs targeting remote workers?

There's rumors floating around that any future layoffs would definitely include people who could stay working remote or appeal the RTO to work remote and is accepted. Does anyone have any info on this?

Rant

Forgive my language here but with this new RTO policy, I’ve lost the last bit of respect for this company and the new leadership. This is my rant, and called so for a reason. Even removing the covid tailwinds, our revenue has been growing fairly... — read more 

no longer 16" Mac-books?

Why this company can no longer provide the 16" Mac-books? This is very important to me. I don't want to work for a company that cuts corners. I'm finding it increasingly difficult to continue in this role. I'm considering resigning due to these... — read more 

Is it safe to join PayPal now ? Please advice :)

I have completed an internship at PayPal San Jose and subsequently received a full-time offer for a Software Engineer 1 position with the standing team. In addition, I have an offer from Discover Financials. However, the joining date for PayPal is... — read more 

There will always be layoffs

It's a corporate environment. There will always be layoffs. We saw two large ones in consecutive years which is rare but we had extremely poor leadership in the past. Dan laid of roughly 2000 people in 2023 only to turn around and hire back 2000... — read more 

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| 610 views | | no replies yet
Post ID: @OP+1tDaohS9

Return to office

I ve gotten confirmation from few directors, that is happening. Any know more? For those who were hired as "virtual" will that impact us too?

Any US based support left?

Curious if all frontline has been eliminated in the US. I know Venmo is now all abroad afaik. Any Arizona or Omaha support left?

The only career path here is to be laid off

I was not laid off in this latest round, but I’m not waiting for the next one. Constant anxiety over losing a job, peaking during mass layoffs, is ki-ling me. Since there is no point staying here, because there is no reward, promotion or any kind of... — read more 

Retention bonus

Did anyone get a retention payment in their last paycheck? And if you did did your manager talk to you about it?

US based but laying off only US?

Other than the 85 roles in Ireland that were announced to the media, it appears that all the layoffs have been US based employees. Seems this US based company prefers to pay the new CEO double what Dan was making at the expense of its US... — read more 

A great way to ruin weekend

Hearing all those rumors that layoffs will continue next week. Anyone know more? Let us know, especially if by a small chance rumors are not true.

Layoffs update

Pls post, guys. We are all scared for our jobs. So sorry and good luck to all already affected. I hope you will land on your feet soon.

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