Thread regarding PayPal layoffs

July layoffs

Rumors regarding layoffs in July is spreading.
Many employees said they heard the layoff will happen in mid July.
Can someone have true source confirm it’s true? Who will be targeted? Not enough RTO or NI just get out of PIP?

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| 5111 views | | 12 replies (last July 14) | Reply
Post ID: @OP+1jyj32568

12 replies (most recent on top)

@33f Any idea on how many? Any other info?

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Post ID: @33g+1jyj32568

Happened in USA (SJC as far as my knowledge goes), Singapore, MXC and India. Multiple FTEs, multiple teams. (Some full teams including 4 level)

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Post ID: @33f+1jyj32568

Yup. Happened today for unknown number of FT salaried employees.

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Post ID: @337+1jyj32568

fue verdad

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Post ID: @32v+1jyj32568

9:30 AM PT

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Post ID: @32n+1jyj32568

“Business update” meeting at 9:30Am Pt for SJC

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Post ID: @328+1jyj32568

@13d what's the policy change?

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Post ID: @2kq+1jyj32568

thanks for that pointless comment

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Post ID: @2b3+1jyj32568

Lots of people are looking at this page and talking rumours.
Good evening

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Post ID: @29b+1jyj32568

@13d what is the perceived change to redundancy? And id it for US or EMea?

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Post ID: @13s+1jyj32568

any more information?
rummors are only rummors until someone actually receive a list/ a number / a meeting invite.

Still, I find curious they changing the policy about redundancy packages begining of 2025.

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Post ID: @13d+1jyj32568

i haven't heard anything. hope not. teams r already stretched very thin

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Post ID: @fe+1jyj32568

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