Topics regarding layoffs at PayPal

Topics regarding layoffs at PayPal

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 

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?

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?

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

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

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 

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Post ID: @OP+1jk2kzw7h

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

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Post ID: @OP+1jjy9rzc3

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 

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Post ID: @OP+1jjy5ebhy

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.

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Post ID: @OP+1jjvby4gx

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 

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 

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.

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