Topics regarding layoffs at PayPal

Topics regarding layoffs at PayPal

More layoffs at PayPal

I've been hearing rumors of even more layoffs coming to PayPal in the next few months. I'm not sure there are enough of us left to lay off, to be honest, but this is PayPal and nothing would surprise me anymore. If the rumors are true, can anybody... — read more 

by
| 4100 views | | 9 replies (last January 31, 2023)
Post ID: @OP+1kJm4Y9T

Hiring has continued

I take this as good news. If we're hiring once again, that means layoffs are less likely.

by
| 2560 views | | 5 replies (last January 11, 2023)
Post ID: @OP+1k4GrTZi

I am petrified of layoffs

I am worried that I may be one of the tech layoffs. It has been extremely hard for me to find another job, since my working experience is so short. I have been looking for a new job for months now, but without any luck. I have been applying to... — read more 

by
| 2140 views | | 1 reply (November 16, 2022)
Post ID: @OP+1jHAG7S4

Layoffs outside US

Any news on layoffs outside of the US, particularly emerging markets e.g. PayPal Japan?

by
| 1420 views | | 1 reply (January 5, 2023)
Post ID: @OP+1jEvLDX0

Severance

Just curious, what have the severance packages looked like for employees that have been there 10+ years?

by
| 1422 views | | no replies yet
Post ID: @OP+1jDkA7ej

How many more will be laid off after today?

I'm expecting the worst regarding the earnings call so I'm fully prepared for the C-suite to go nuclear over it. I swear if things don't improve soon, there'll be no more PayPal within a couple of years. You can't improve results by cutting people... — read more 

by
| 2560 views | | 4 replies (last November 10, 2022)
Post ID: @OP+1jwTqiPp

Can you offer to get laid off?

Can you offer to get laid off? Who should I go to? How to approach this safely? I don’t want to go to my manager for sure.

by
| 1910 views | | 6 replies (last November 3, 2022)
Post ID: @OP+1juP1l7J

My guess is it'll continue next week

Too few people were laid off for the top brass to be satisfied. I'm betting you they're going to try and fly a few of these smaller rounds under the radar before the earnings call on 11/03 and then we'll be faced with the brunt of it. This is just... — read more 

by
| 1980 views | | 4 replies (last October 25, 2022)
Post ID: @OP+1jjsgf8E

Layoffs this week

Heard layoffs in Srce PMO this week . Anyone knows the count and why it’s not in news yet ?

by
| 1550 views | | 3 replies (last October 21, 2022)
Post ID: @OP+1jj7MYVB

Aaron K management is absurdly terrible

Will he replace Dan? They keep moving teams under him but he seems to have owned the worst departments. The last AUP thing was his idea, how can they continue to keep him around?

by
| 1840 views | | 4 replies (last October 27, 2022)
Post ID: @OP+1jjMzJi3

Elliot’s Impact?

Anybody have any guesses as to what Elliot is going to do next? Force a board seat, remove Dan, more layoffs? It’s eerily quiet now, given all that must be going on behind the proverbial curtain.

by
| 2290 views | | 5 replies (last October 6, 2022)
Post ID: @OP+1iCPjtcH

The Minions move up

Looks like favorites get promoted once again. Keep promoting unqualified minions and ruin the department even more.

A lot needs to change here

It's become very difficult to work here. I am literally drained. I love my job, but lately I have neither the focus nor the motivation to do anything more than the minimum. Does anyone expect some positive changes to happen here or is looking... — read more 

I Hate This Company

I absolutely cannot stand this company anymore. This has to be the most depressing place I've ever worked at now. Everyone seems stressed, overworked, sad, and just confused on what to do, how to do it, and even if they should. The constant threat of... — read more 

Searching for better opportunities

I am almost certain that there are very few people here who are not looking for something better. The job market is not hot and I can't get an offer at the moment. It depresses me a bit, but I still hope that I will be lucky enough to leave here... — read more 

by
| 1420 views | | 1 reply (August 11, 2022)
Post ID: @OP+1iamqFPb

I can’t take it anymore

The horrendous management of these redundancies and the thought of more is like psychological torture. How can you be productive when the sword of Damocles is constantly dangling over your head? Working for PayPal is like being in an abusive... — read more 

by
| 1530 views | | 1 reply (August 11, 2022)
Post ID: @OP+1iaDX8BR

I finally found a new job

I was laid off in June. I took a week off before I started looking for a new job. It was good to see plenty of available options when I did start applying. I landed a job that pays better than my old position at PayPal and from what I've seen so far... — read more 

You've gotta be kidding me

According to an SEC filing, our new CFO coming from EA is gonna be paid, in salary/RSU/PSU/bonus, nearly $20 million over the next three years. Assuming this site allows links, see page three: https://seekingalpha.com/filings/pdf/15985914 750k... — read more 

Anyone know when ...

Anyone know when the venmo and amazon integration is going to be completed? What's the current project deadline?

Great disconnect

All of us are witnesses to a big disconnect between leadership and the company. But I'm interested in what you think caused this disconnection in the first place?

Mixed feelings right now

Ever since rumors have started circulating about a new round of layoffs, I am no longer even sure if I want to survive them and remain in this company that seems to be headed in the wrong direction. Are there more people for whom the layoff would... — read more 

by
| 1590 views | | 1 reply (August 2, 2022)
Post ID: @OP+1i19ys2j

PayPal will quickly reach rock bottom without talents

Considering the terrible management style, it is surprising that there are still talented individuals left here at all. That's why I say that PayPal can be considered a lucky company, because I can't even imagine what this company will look like... — read more 

More layoffs coming

There are more layoffs coming. I hear in about three weeks. The ones I know about will be in compliance.

Morale is at an all time low

I've been working here for a long time and that's why I can safely say that morale has never been lower. Main reason for that are bad managerial decisions. PayPal urgently needs to boost employee morale so that the remaining knowledgeable employees... — read more 

Fiachre

How does he and anyone reporting under him have a job though?

Glassdoor Reviews

Review PayPal on Glassdoor and try to be honest about Schulman. I have tried to make a review that included a bad review of the CEO and when it posted it did not reflect that. Looking at recent positive reviews, they look fake. Something is happening... — read more 

We're simply unlucky

There are companies that realize the value of their employees and will bend over backwards to make sure to either avoid or minimize layoffs. Then there are companies that will use any crisis (even an artificial one) to cut as many people as possible... — read more 

Surviving layoffs is not all it's cracked up to be

I've survived the last three major rounds but I don't want to be here anymore. I saw three times how little PayPal cares about its employees and now I've lost all interest in working for this company. Most of my time is spent looking for another job... — read more 

A completely different company

I hear rumors about more cuts. Unbelievable! If this is true, I wonder what will remain of the former company? Soon PayPal won't even look like the company it was a few years ago?

That's a little ironic

When I first started working here, it seems to me that experienced employees were highly valued. I couldn't wait to get the experience myself. Now that I have more experience, I feel unwelcome at PayPal because of it, as I assume, and many others... — read more 

Start a new thread - post a news comment, question or message:

: