For the life of me, I can't figure out how PayPal is among America's best employers according to Forbes. Even if we disregard constant layoffs, this place has very little to offer and it expects too much from us all the time. Who makes these... — read more
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.
Or have you heard any whispers?
Looks like favorites get promoted once again. Keep promoting unqualified minions and ruin the department even more.
Anyone get theirs? AIP bonus runs from Jan 1- December.
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 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
Anyone manage to get them included in their severance or did you lose them?
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
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
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
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
$900 Million in cost cutting measures which include layoffs Google it and read all about it.
Anyone know when the venmo and amazon integration is going to be completed? What's the current project deadline?
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?
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
At least I think that's how it's going to play out. Depending on how good (or more likely bad) the results are, the management will act to implement measures to improve the situation. Usually, those measures include layoffs and often as the main... — read more
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
There are more layoffs coming. I hear in about three weeks. The ones I know about will be in compliance.
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
How does he and anyone reporting under him have a job though?
Be frank... and realistic...
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
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
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
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?
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
Honestly, I didn't think this year would be doom and gloom as it turned out to be. I've been working at PayPal for more than eight years and I don't think it's ever been worse. I wonder what awaits us until the end of the year (if we don't get cut... — read more
I've officially run out of money. Any idea when the severance will hit? Last day June 7
They created such an ugly atmosphere full of tension, I can’t even concentrate on work. The manager expects me to ignore the fact that the cuts are around the corner and expects us to work harder than ever. Well, that's not the way it works. I... — read more
It's not as if the management just got rid of hundreds of employees because we needed to cut costs, right? It really is infuriating to see things like this happen. Why did we have to get rid of people if we're now hiring and why were those jobs not... — read more
I understand the reason why they decided on the cuts, but couldn’t they have planned them a little better? Some teams will be badly damaged. It seems it's important for our management to make cuts, even without any planning.
I'd rather have a lot of work than have nothing to do and be laid off, but I'm already overwhelmed. Are you ready to get even more work to do? In any case, it is wisest to look for a new job.
Layoff was just the beginning over here. I feel so defeated and alone. I lost my job but also some of the only outside world communication I’ve had since covid. Check on your friends. It’s probably the ones you expect the least that are struggling... — read more
Why has NY not been impacted at all? They're the most expensive location, they have the least amount of experience, they continuously get promoted, their jobs are nonsense, and they're flat out bad at their jobs. When is the last time there was an... — read more
I'm too tired to deal with that on top of everything.
For your own good, don't become the guy management looks at and figures out they can drop on all the work that still has to be done but there's nobody to it anymore. Don't be the guy who never complains and gives them no trouble and ends up with five... — read more
I want to put up a sign that says "Days since the last layoff" and see how high I can get the number. Judging by the last few months, the chances of going above 14 are slim to none. Talk about a huuuge red flag that indicates it's time to look for a... — read more