Are European jobs coming back to the us of a
GLINT Engagement Survey
Write here the things you would have written in the survey but didn’t because you know the survey is not actually confidential or anonymous. I will go first- the health care at this company is absolutely atrocious. Accolade is worthless and the... — read more
Confirmed Mutual Separation / PIP
It’s happening! People with needs improvement are given the option of a PIP for 30 days or mutual separation with two months garden leave (with pay) + 6 weeks of salary They are given 48 hrs to make a decision Many NIs have spoken about this on... — read more
Is this legit?
20% cuts. Mostly WFH employees. April 14th. Can anybody confirm this?
Get ready
Its coming.
what is PayPal allocation process?
I got an mail from a recruiter that they got positive feedback from the team and are working on the allocation process. Is this allocation process team matching process? How much time does it take for allocation process?
Withholding Earned Wages without valid reason (BONUS)
I have filed a complaint with speakup@paypal.com - despite having steller performance reviews for last 9 years and average IBP of ~105% annually, I was casualty of the new pay for performance mandate to rate 5% as needs improvement. I was not given a... — read more
Meeting email sent at 4pm
What is the meeting tomorrow regarding. Subject department update Email sent about 45 min ago (4pm) no context. Must attend in BOLD red?
CSMs
What package did you get
2025 layofs solid news
today was a touf day. i cant take it much longer, i need to no if people no any solid news for 2025 layofs. a lot of dates are put here on older posts and the dates have passed and no layofs. is it over now we are past them dates or can i still have... — read more
DEI programs to end?
https://news.bloomberglaw.com/esg/paypal-cuts-diversity-language-in-new-report-to-shareholders
Did you get your reward letter yet?
Comment how your package is based on your level.
2.6?
So some people are hearing whispers about tomorrow. Restructuring? layoffs? Doesn’t that typically happen before earnings calls & AIP announcements? Whoever is reporting this info please come back and expand. It’s anonymous ffs
PayPal just reduced US severance for most employees
In the name of “competitive market standards” PayPal has updated the US-ERISA severance document effective Feb 1, 2025. It changes severance compensation from an effective base rate of 12 weeks for most employees (2 weeks for no notice + 10... — read more
Layoffs concerns before Earnings - not likely
Window has closed and it seems there will not be layoff story before earnings call on Tuesday. Listen to Jamie on Q4 investor call for 2025 guidance and where we are heading. Listen for any strategy on projected attrition or headcount reductions... — read more
Summary of the main thread: Anyone hearing any chatter about 28th and Layoffs?
Summary of the main thread located at: https://www.thelayoff.com/t/1jj58zpfg Or @OP+1jj58zpfg ——- # Themes in the Discussion on PayPal Layoffs ## Uncertainty and Speculation About Layoffs Many participants are uncertain about whether... — read more
I’ve reached a point where I’m indifferent about the possibility of being laid off
Worrying constantly was paralyzing, so I shifted my focus to searching for other opportunities and building a backup plan. It definitely helped reduce the stress and stopped me from feeling cornered. Even with a tough job market and low expectations... — read more
Clown show
Such a painful company to work for. They think some lad sending out a weekly Monday minute (lasts 10 minutes usually) is motivational, staff laugh at it. Comedy show company
Relieved
I’m relieved. I’m going to try not to think about it and focus on my work. It’d be tough in this job market to be laid off. Very different from previous years. I’m hearing that it’s getting better? I think this stress might cause some people to act... — read more
Plan B (layoffs vs attrition)
Under pay for performance rolled out end of year 2024, 5% of workforce will lose raises, RSU grants and bonus is reduced to 25%. Managers are being asked to retroactively create artifacts to justify the rating in Feb 2025 before rewards letters are... — read more
The sooner it happens, the better
Waiting around for layoffs you know are coming is way more stressful than just getting it over with. Dragging it out helps no one, just make the call so we can move on.
There is life after PayPal
I got made redundant by PayPal and I must say it has been a blessing. I have a great new job and are setting up my own little business. I am so much happier and my mental health has really improved. If you are worried, there is life after 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
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.