Received a meeting link for 9:30am with the subject "Important Team Update." The message stated, "After reviewing all necessary aspects, we have decided to terminate your employment. You will lose access after this meeting." This was followed by an HR meeting to discuss whether I would leave voluntarily or be terminated. Consequently, I lost access to my laptop. "About Me": Joined PayPal in July 2023 as a fresher of 19-23. T2 college graduate with high ratings on programming websites. 7 months of experience. Worked for a team with a good profit margin. The team hired 8 freshers, and unfortunately, 7 out of 8 were let go. If you come across any relevant job openings in your company, please reply in the comments.
You are based out of India?
Why would they hire 8 freshers on a single team, smh
No clue They wanted to do some big project And it got cancelled Info from seniors
Does this imply that the company doesn’t focus on incubating juniors, since it pays them for jobs in training?
Yes they did
So you had information of what going to happen in meeting before meeting started? Generally they don’t give the info and they keep it secret till last minute
Yeah i guess yesterday it happened for US Got to know through blind
Felling sad for you all. All the best OP and you will fly high with vibrant colours. 🙂
Shut up. You guys (McKinsey) are the ones who don’t know shit about the work people do and devise the so-called-strategies to “cut cost”.
PayPal, FYI not the entire McKinsey is consulting, there is tech as well. I understand your pain but being humble will make you a better human ! 🙏
Which org?
Consumer
So sorry to hear that. Did they give any reason for that?
Hey OP did the 1 surviving fresher go to IIT?
Hire too fire
What’s the severance like?
1/2month salary
Half month or 1-2 month?