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
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…
this is how ai summarizes the current situation... for the record: Tue Jan 28, 2025
### What We Know So Far Potential Layoffs Employees anticipate layoffs, with emails titled "Important Team Update" possibly signaling job cuts. Expected announcement dates range between Tuesday and Thursday, with past layoffs... — read more
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
https://x.com/TheLayoff/status/1884339141325762825
https://x.com/TheLayoff/status/1884339141325762825
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
Layoffs January 2025
Has anybody heard anything relating to layoffs for the end of this month ?
How is PayPal for new grads?
Are new grad hires at a higher risk of being laid off? San Jose specifically.
Jan 2025 layoffs at paypal
now there are rumors, do you think that's warranted? will there be layoffs in jan 2025?
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
Quiet consumer Reorg/layoff
As an FYI, there was a Reorg in Consumer this week. Approx 5? Impacted to my knowledge.
Bank Drama for PayPal, Square After Wells Fargo Bows Out
For more than two decades, Wells Fargo was a juggernaut in a behind-the-scenes business that supported some of the biggest payments companies in the world. The bank’s abrupt exit from that market this year has left a major... — read more
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.
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
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
More layoffs before EoY?
How likely do you this is to go through another round of layoffs before the year ends?
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
Just got laid off today
Got email from workday
Strong Q2 Results. Do you anticipate the need for additional major layoffs?
The Q2 results have exceeded expectations, as evidenced by a slight increase in the share price. Do you anticipate any additional significant layoffs in North America?
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
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
Is Alex Chriss a worse CEO?
$40+m package (double that of Dan's), but hardly make any improvements? And morale all time low?
What's the point of all these visits from the higher ups??
Alex, Aaron etc visited places like Mexico and Singapore etc..... Are these locations safe? Or is this indication more casualties in these places?