Thread regarding PayPal layoffs

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 justifying how critical areas are for my department. Its really hard to know but if anyone has heard anything welcome comments.

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| 8372 views | | 46 replies (last January 28, 2025) | Reply
Post ID: @OP+1jj58zpfg

46 replies (most recent on top)

Redundancy packages in Europe can be very large, depending on how long you've been with the company. It can make redundancy very beneficial for some people.

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Post ID: @dz+1jj58zpfg

me looking for a job.. me interviewing.. you fire me..fk you.... I get package. money and already have new job

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Post ID: @b0+1jj58zpfg

I don't think the packages make it worthwhile to stay.

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Post ID: @av+1jj58zpfg

Yeah I don’t live in that hellhole so I’ll be okay without a job for a while, plus a few ways to make money on PayPal ;)

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Post ID: @aq+1jj58zpfg

For the person that wants a layoff, why don't you just quit then? Don't let your dreams just be dreams. I would not wish a layoff right now on anyone, especially in the US since the job market for anything not fast food or retail is broken and is probably just going to get worse.

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Post ID: @ak+1jj58zpfg

It’s the only thing I am clinging to that there will be some layoffs and I can get one, absolute sh-t company to be apart of and the extra 1% increase would not be worth staying for.

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Post ID: @aj+1jj58zpfg

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