PayPal layoffs
I heard there were some layoffs in PayPal. Does anyone know what happened ? Any restructuring?
Which groups ??
I had an interview late November 2018 for a senior eng role. Cleared first two rounds. Then I did the onsite.. All went very well. The hiring manager was very positive. After about two weeks the recruiter told me they closed the req and are on "hiring freeze". I first thought they just gave me a random reason to reject me. But then I read somewhere that they have been doing some major budget cuts.. But I also saw them so some major donation(millions) for the employees affected by government shutdown which was little contradicting.
Yeah there is really freeze on all reqs now ..
Banks and fintechs need to take care of customers who are struggling due to emergencies (natural disaster, shutdown...) the fact they did this has very little to do with whether they are having layoffs or not.
Seems like layoffs is all PayPal people are talking about lately
Those of us at PayPal don’t know what happened, no official word other than “aligning with business needs.”
Tried to google this but seems like no news outlet has reported it. Could anybody give more info?
I know some Telaviv and Austin folks have been let go
Ping me for referral
You’ll see what happen after Q1 earning call
Not some, to many layoffs dude.