Thread regarding PayPal layoffs

More layoffs at PayPal

I've heard more layoffs were announced at the start of the week, does anybody have more info on what happened?

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Post ID: @OP+17LYjZHb

7 replies (most recent on top)

Yeah they are doing it right before the espp date so they save money and protect their stock

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Post ID: @Qtgy+17LYjZHb

There were layoffs in November. Another round coming up in 1st quarter of 2021

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Post ID: @Gnef+17LYjZHb

Very hush hush meaning they don't want publicity

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Post ID: @2opo+17LYjZHb

Yes, there were layoffs. Pretty surprising as they were very hush hush

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Post ID: @2gyj+17LYjZHb

It is impacting companies that have been acquired and now fully integrated with paypal. Its their path to a higher stock price

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Post ID: @snb+17LYjZHb

I don't work at PayPal, but my brother does, that's why I'm asking.

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Post ID: @kah+17LYjZHb

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