Layoffs in Paypal

More layoffs at paypal is ahead. Lot of restructuring is happening internally and morale is at all time low. Sad to see all this happening.

PayPal layoff 7% of its workforce. Around 2000 employees get laid off.Can anyone confirm?

Is there any one from Paytm , who can confirm if there’s a silent layoff happening there. I have an offer as SSE , but have heard from multiple people that work culture is detoriating very fast and almost 20% are undergoing PIP.

Heard that Paytm is planning to layoff 10% of entire work force. Across all levels. Heard cases that folks who were hired at market premium less than 30 days ago are now being asked to leave the organisation. And the layoffs will be hidden under the guise of mid year appraisals. #PaytmKaro

Paytm has many openings in product and engineering for at least four to five months. The job posts are even promoted on LinkedIn. However not even a single role is filled and closed. I gave interview for product manager role, received very good feedback, then suddenly after three weeks got a regret mail. Well that is fine but i see all the positions and there at atleast 50 open are not closed for four months. Does any one know what is happening?

Hi Guys, Affected by recent paytm layoff Any leads for SDE1/backend dev role would be really help full #laidoff #backend #SDE #Java #Springboot

I'm finding it difficult to understand the situation. A friend, who is a BI developer, was laid off by PayPal, and on the same day, my wife received a call from them for the same role. Next: The hiring manager is pressuring her to complete all interview rounds (4) within 2 days, even making remarks about her inability and calling her unprofessional and showing lack of interest for not completing assignments on weekdays.

anyone here working at PayPal Hyderabad- how's the work culture and work-life balance in general?