Is it a good time to join PayPal?

PayPal
rexi32

Go to company page PayPal

rexi32
Apr 25 17 Comments

Just joined few days ago. The stock seem to hit rock bottom which is good for rsu, but also I'm afraid of layoffs and budget cuts.

Is it a good decision?

Yoe 6
Tc 190k

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TOP 17 Comments
  • PayPal
    djeldjq

    Go to company page PayPal

    djeldjq
    You should have asked this question on blind before accepting the offer. Now is a bad time to ask.

    Regardless, paypal does layoff year around. You will not be impacted or I would put it this way- you may be the last one to be impacted.

    Bright side, the stock is near ATL. A lot of people joined in 2021 and they lost a ton of equity with stock crash.

    As you are already in - why not rest for an year, explore the company. If you don’t like it midway , then LC , vest and move on after yr1.

    It’s probably a bad idea to vet your decision now.
    Apr 25 3
    • PayPal
      djeldjq

      Go to company page PayPal

      djeldjq
      OP - which location and level ?

      Leaving performance out of the equation- Several factors such as location, level , role ( IC / EM ) , org , team , tech come into play.

      If you are MTS or below, working on a non-legacy tech, facing business or have direct impact, team not heavy on senior side/has a healthy balance - I would not worry much given you are also a recent joinee. It would be a disaster for management if they laid off new hires.

      The SD level / plus have some serious inefficiencies. But if you are lower down in the hierarchy - then just focus on tech and plan your future.
      Apr 25
    • PayPal
      rexi32

      Go to company page PayPal

      rexi32
      OP
      Can I dm you?
      Apr 26
  • Meta
    felice415

    Go to company page Meta

    felice415
    PayPal does lay off every year, so nothing special here. This year they are a bit behind, probably next month. After that you can relax at least till 2023.
    Apr 25 0
  • PayPal
    atncfjp

    Go to company page PayPal

    atncfjp
    Just run πŸƒβ€β™€οΈ
    Apr 27 0
  • Which org/dep?
    Apr 25 0
  • Flagged by the community.