Topics regarding layoffs at PayPal

Topics regarding layoffs at PayPal

I don't even care all that much

Over the past five years, we’ve endured so many layoffs - and just as many false alarms - that I’ve become somewhat numb to it all. Don’t get me wrong, I don’t want to be laid off. I really need this job. But at the same time, I can’t bring myself to... — read more 

Layoffs at PayPal - Moment of Truth is here

Well its here - Thursday 30th - its 1PM in Singapore, 10:30 AM in India, in four hours 10 AM in Luxembourg and 12.5 more hours before 9:30 AM in US PST. Guess I will know in ~13 hours or so what the universe has planned. If by chance anyone does... — read more 

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| 1330 views | | 2 replies (last January 30, 2025)
Post ID: @OP+1jjtrxhys

The Intuit clown show

They have officially taken over. Worse than herding cats. They only care about their own.

Embracing uncertainty and remaining open possibilities

As we near the end of Month, an ancient tale of the Chinese farmer continues to serve me as a timeless reminder of life's unpredictability. A Chinese farmer loses a horse, and the villagers say, "What bad fortune!" The farmer replies, "Who Knows."... — read more 

Checking this forum for the last time

Spending your days checking this site to maybe get a few days notice of whether you may or may not be impacted by a redundancy which may never come? Even if you get those few days notice it makes zero difference. At best this site is a place to talk... — read more 

Severance Pay Information 💰

For questions about severance - check Policy Central - found this for US (US-ERISA-Severance-Pay-Plan.pdf from 2023). It explains benefits, payout on equity and AIP, length of severance payments…

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 

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