Massive layoff happened at PayPal. Did see lots of security in work area for exit assistance.
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There’s going to be an emergency shut down
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Share your reasons for supporting Modiji.
What’s the reason?
They mentioned reorganization
Ah ok
Which site
Across globe
Casualty count? More or less than the Hindenburg?
More
Last year it was eBay going on a ruthless streak and nows it's paypal
You never know. Bigger layoff is yet to come.
Not likely. This happens every year around this time. Dumb business tactic to keep the books positive and look good to the board.
Which location?
Across globe
Sorry to hear... what’s the layoff package?
Do you know if it’s mostly engineers, business people, some other dept or a mix of everyone?
So sad, even Visa had Product layoff last week. What’s the Severance package? payroll till?
How many peeps
I guess 5-10%
350+ people