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PYPLActive Layoffs
FintechSan Jose, CAWebsite
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Employees

26.8K

Stock

$52.51

0.72%

Layoffs

-220(0.8%)

3w ago · Sep 3, 2026

WARN Notices

2

5y ago · CA · 196 affected

AI Risk

Medium

AI Layoff Impact Summary

AI-powered

PayPal announced layoffs 3w ago (Sep 3, 2026), affecting 220 employees (0.8% of workforce). WARN filings indicate 2 active notices. Moderate risk — continued restructuring possible.

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0
Discussion

Does anyone know if the severance package changed?

Seeing the reports about the 220 headcount reduction in India today. My heart goes out to everyone affected—it’s a brutal way to start the month. I’m currently trying to gauge if the separation terms have changed compared to the Q1 cuts. If anyone is willing to share (anonymously, of course), did the tenure multiplier stay the same? I’m seeing some chatter on internal groups that the benefits might be getting clawed back further, but I haven't seen a concrete breakdown yet. I’m worried that if we don't start seeing a stabilization in the workforce, the remaining talent is going to jump ship to competitors regardless of the exit packages. I’ve been at the firm for a while and I’m genuinely concerned about my own team's roadmap. It feels like we are being managed into the ground while the stock price remains the only metric that matters to the C-suite. Are any of you actually sticking around, or are you just waiting for your RSUs to vest? I’m seriously considering taking a hit on my unvested equity just to get out before the next shoe drops. This constant uncertainty is making it impossible to focus on actual development.

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·2026-09-20T10:00:51.083054+00:00·2
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Layoff Report

September cuts: India team morale is hitting rock bottom

So the news is out about the 220 people impacted today. Honestly, at this point, are we even surprised? It feels like we are playing a never-ending game of musical chairs every single quarter. I survived this round, but the vibe in the office—and even on the internal slack channels—is just absolute numbness. I’ve been with the company for over five years, and the 'new chapter' messaging from leadership is starting to sound like a broken record. How many 'new chapters' can one company write before the book is just empty? We are all exhausted from the constant pivots and the feeling that our projects might be sunsetted or outsourced before we even hit the deployment phase. To those who got the calendar invite today: I am incredibly sorry. It’s a gut punch, and the severance packages are looking thinner than they did last year. Is everyone else looking for the exit now? I’ve started updating my resume tonight because I don’t think I can handle another round of 'streamlining' in Q4 or early 2027. This isn't the company I joined, and frankly, I don't think it's coming back. Stay safe out there, everyone.

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·2026-09-20T10:00:48.701783+00:00·1
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Discussion

Is anyone else seeing a hiring freeze at PayPal India?

With the recent layoff news (220 people in India as per Reuters), I'm starting to feel like there's a de facto hiring freeze in effect, at least for my division. I've had a role open for months and it's just been stalled with 'budgetary review' and 'strategic realignment' talk. It's frustrating because the work still needs to get done, and now we might be even more stretched thin. For those still at PayPal in India, are you seeing similar slowdowns in hiring or new project approvals? Just trying to gauge if this is a company-wide thing or specific to certain departments. Feels like the constant restructuring is impacting day-to-day operations.

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·2026-09-05T10:00:48.830839+00:00·2
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Layoff Report

PayPal India cuts again - 220 employees gone

Just saw the Reuters report about PayPal laying off another 220 employees, this time focused in India. Feels like every few months there's another wave. Anyone in the India offices affected by this latest round? I'm wondering what the long-term strategy is here. Are they consolidating operations, shifting focus, or just a general belt-tightening across the board? It's hard to keep up with the constant news. Makes you wonder about job security even if you're not directly impacted. Curious to hear from anyone who might have more insight into the internal reasoning or what teams are being hit the hardest this time around.

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·2026-09-05T10:00:47.013661+00:00·2
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Discussion

PayPal's Strategy in Israel - What's Going On?

Reading about the latest layoffs in Israel is really concerning. We've seen multiple reports recently, and this latest one from CTech confirms it's still happening. It makes you wonder what the long-term strategy is for PayPal's presence in Israel. Are they consolidating, shifting focus, or is this just a response to broader market pressures? From the outside, it's hard to connect the dots. Are there internal folks who can shed some light on the reasoning behind these regional cuts? It feels like a significant chunk of talent might be leaving the company, and I'm curious if this is a calculated move or a sign of instability. Just trying to understand the bigger picture here.

7F
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·2026-08-28T16:01:09.183166+00:00·2
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Layoff Report

Israel Layoffs - When does it end?

Another day, another piece of news about layoffs hitting our colleagues in Israel. Saw the CTech article this morning about the latest cuts. It's getting harder to watch this unfold, especially when it seems to be concentrated in specific regions. Feels like they're just trimming here and there, but the impact is still massive for those affected. Anyone in Israel on the forum hearing direct details or know what teams are being hit hardest this time? The silence is deafening, and the anxiety is palpable. Just hoping this isn't a sign of bigger things to come globally. Trying to stay positive but it's tough when you see these recurring reports.

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·2026-08-28T16:01:07.370804+00:00·2
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Layoff Report

Another Round of Layoffs in Israel - My Take

Well, it's official. Another layoff notification landed today for our Israel colleagues. Seeing the CTech report really confirmed the rumors that had been circulating. It's a really unfortunate situation, and frankly, it feels like a pattern now. Hard to reconcile this with the company's supposed long-term vision. I'm not directly affected this time, but it's incredibly disheartening to witness this happening repeatedly to talented people. Makes you question the stability and direction of the company, especially for specific regions. Just wanted to share my perspective and see if others in the Israel office feel the same way. Is anyone able to share any insights into the reasons behind these localized cuts?

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·2026-08-23T16:01:12.155223+00:00·2
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Discussion

Israel Team Impacted Again - Anyone Else Feeling the Uncertainty?

Just saw the news about the latest cuts hitting the Israel offices. Hits close to home, for sure. Feels like we're constantly on edge, wondering who's next. Management keeps talking about 'restructuring' and 'efficiency,' but it's hard to see it as anything but continuous cuts. Anyone else in Israel feeling this? How are teams managing? Are projects being deprioritized? It's tough to stay motivated when you see your colleagues packing up. Trying to stay positive, but the environment is definitely getting more tense. Anyone heard any whispers about the specific teams or departments most affected this time?

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·2026-08-23T16:01:10.160259+00:00·2
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Discussion

Feeling the Burn at PayPal Israel Post-Layoffs

So, the latest news confirms more layoffs in Israel. It's a brutal reminder of how precarious things feel right now. Beyond the official numbers, I'm hearing whispers about how this is affecting the teams that remain. Increased workload? More pressure to perform? Or just a general sense of unease about future job security? It's tough to stay motivated when you see colleagues being let go. For those of us still here, it's hard not to wonder if we're next. Anyone want to share how morale is holding up, or if there are any unofficial updates on what's happening internally?

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·2026-08-18T16:02:08.164591+00:00·2
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Layoff Report

PayPal Israel: Another Wave of Layoffs - What's Next?

Just saw the news about PayPal's latest layoffs hitting Israel. CTech reported around [redacted] employees let go on May 27th. This isn't the first time we've seen cuts, and honestly, it's getting hard to keep track. Feels like a constant state of uncertainty. Anyone else in Israel feeling this directly? What teams are most affected this time? Seems like the leadership changes and 'restructuring' talk are just code for more job cuts. Curious to hear from others who are still there or were impacted by this recent one. What's the general sentiment on the ground?

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·2026-08-18T16:02:02.495811+00:00·1
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Discussion

PayPal Israel - Beyond the numbers, what's the real impact?

So, the news is out about more layoffs in Israel. While the specific numbers are always a shock, I'm more interested in the ripple effect. For those still at PayPal Israel, how is morale? Are workloads increasing drastically on the remaining teams? Are there projects being shelved or significantly de-prioritized? It's easy to just focus on the headcount reduction, but the impact on the day-to-day lives of the employees who remain, and the overall direction of the company's operations in the region, feels like a much bigger story. Is there a sense of uncertainty about future investments or strategic focus for the Israel office? Curious to hear perspectives from anyone working there.

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·2026-08-13T16:02:11.356754+00:00·1
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Layoff Report

Anyone in PayPal Israel feeling the strain? Details on the latest cuts?

Hearing whispers about another round of layoffs hitting PayPal in Israel. The CTech article mentioned the 27th of May, but honestly, it feels like we're constantly braced for bad news lately. Anyone on the ground there have concrete info? What teams are affected? Any idea on the numbers beyond what's being reported? It's tough seeing these articles pop up and not knowing if your own role is safe, or if the pressure on the remaining teams is about to get even worse. Feels like the ground is shifting constantly. Wondering if this is just Israel or part of a larger global trend with the new CEO making tough calls. Just looking for some clarity from people actually experiencing this.

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·2026-08-13T16:02:09.404482+00:00·1
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Layoff Report

Layoff Rumors in Israel - Can Anyone Confirm Details?

Just heard whispers about another round of layoffs at PayPal specifically affecting the Israel offices around May 27th. The news articles are vague, mentioning CTech as a source but not much detail on the scale or specific teams. Trying to verify if this is accurate and what the scope might be. Is anyone here in Israel who can confirm if they were impacted or know someone who was? Any info on which divisions or roles are being affected would be helpful. It's concerning to see these kinds of reports without concrete details, and it creates a lot of anxiety for people working there. Hoping someone can shed some light on what's actually going on.

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·2026-08-08T16:01:05.706077+00:00·2
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Discussion

PayPal Israel: What's the impact beyond the reported numbers?

Hey everyone, saw the news about the layoffs in Israel. CTech reported a specific number, but I'm trying to get a better sense of the actual impact. Are teams being dissolved, or is it more about restructuring and consolidating roles? I'm curious about the long-term implications for the remaining employees and the overall culture in the Israel offices. Did any specific departments or projects get hit harder than others? Trying to understand if this is a targeted reduction or a broader signal about the direction for the Israel tech hub. Any insights from those directly affected or with knowledge of the situation would be greatly appreciated. It's tough seeing this happen, especially when it's so close to home.

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·2026-08-08T16:01:03.626736+00:00·1
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Discussion

What's the real story behind the recent PayPal layoffs in Israel?

Reading about the ~200 layoffs in Israel, reportedly around May 27th, 2026. It's a bit vague, but the pattern is worrying. We've seen so many rounds of cuts globally, and now it seems like specific regional teams are being targeted. Anyone have insights into what's driving this specific decision for the Israeli operations? Is it performance-related, restructuring, cost-saving, or something else entirely? It's hard to reconcile these targeted cuts with the overall picture of the company. Feels like there's a disconnect between leadership announcements and the reality on the ground. If anyone has been through a similar situation or has a clearer picture of the strategy here, would appreciate any perspective. Trying to understand the bigger picture beyond just the headline numbers.

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·2026-08-03T16:01:20.769319+00:00·2
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Layoff Report

Anyone else in Israel affected by the latest PayPal cuts?

Just saw the news about the layoffs in Israel. Roughly 200 people, around 2026-05-27 according to CTech. This is rough, especially after the broader cuts we saw earlier this year and last year. Feels like a constant state of uncertainty. I'm based in Israel and haven't heard anything directly yet, but the anxiety is definitely building. Anyone in the Tel Aviv office or other Israeli sites have any concrete info or just feeling the same dread? It's always the specific locations that get hit, and it's hard to get reliable info on the ground sometimes. Just want to brace myself if possible. Trying to stay optimistic but it's tough when these kinds of reports keep popping up.

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·2026-08-03T16:01:18.729995+00:00·2
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Rant

Is PayPal's leadership clueless or just playing games?

Another round of layoffs, this time specifically mentioned in Israel. It's exhausting. They talk about 'strategic realignment' and 'efficiency' but it feels like they're just burning through talent. We've seen so many of these 'new chapter' announcements over the past couple of years, followed by cuts. How many more 'new chapters' can there be before people realize the book is just falling apart? It makes you wonder what the long-term plan actually is. Are they trying to be a lean startup or a global giant? Can't seem to decide. This constant uncertainty is brutal for morale, and honestly, for anyone trying to build a career there. Makes me question the stability and future outlook of the company in general, not just for those directly impacted today. What's the end game here?

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·2026-07-24T16:01:14.38235+00:00·2
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Layoff Report

Israel layoffs today - Anyone else affected?

Just saw the news about CTech reporting layoffs at PayPal in Israel today, May 27th, 2026. Anyone here in the Israel office get the dreaded email or call? This is really hitting close to home. Heard it was a significant number, but no official headcount from PayPal yet. Feels like the constant restructuring and 'new chapters' are never ending. Curious to hear from others who might be impacted or have insights into what's happening on the ground. Is it a specific department, or a broader sweep? Anyone have any info on severance or outplacement support being offered?

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·2026-07-24T16:01:12.140897+00:00·2
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Interview

Post-layoff job search - how's the market for fintech roles?

So, I was part of the recent layoffs in Israel. It was definitely a shock, even with all the rumors flying around. Now I'm in the thick of the job search and honestly, it's a bit demoralizing. I was a Senior Analyst in the risk department, been with PayPal for 7 years. The market seems tough right now, especially for specialized fintech roles. Trying to figure out what skills are most in-demand and if I need to pivot my search. Any other PayPal alums out there navigating this? What kind of roles are you targeting? Any companies actively hiring in this space? Any tips for standing out in applications or interviews, especially coming from a big name like PayPal? Really appreciate any advice or shared experiences.

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·2026-06-13T10:00:45.907707+00:00·2
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Discussion

Anyone in Israel office heard about specific teams impacted this week?

Hey everyone. Seeing the news about the latest cuts, and it's pretty grim. I'm in the R&D side in Israel, been here for about 5 years now. Haven't gotten any direct comms yet, but the anxiety is through the roof. Feels like it's just a matter of time. Has anyone on the engineering or product side in Israel heard any whispers about which specific teams or projects are on the chopping block for this round? Trying to brace myself and maybe get a head start on updating my resume. It's tough when it feels so random and you don't know if your work is safe. Any intel would be appreciated, even if it's just rumors. Stay safe out there.

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·2026-06-13T10:00:44.327916+00:00·2
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Discussion

Severance package questions - what should I expect?

Okay, so let's say the worst happens and layoffs do hit my team (Product). What kind of severance package is PayPal usually offering? I've been here for 3 years. Are we talking a couple of weeks per year of service, or something more generous? Also, what about benefits continuation and stock options? I need to start mentally preparing, and understanding the financial implications is a big part of that. Any insights or experiences you can share would be greatly appreciated. Please no BS, just actual firsthand knowledge.

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·2026-05-28T08:04:19.688967+00:00·2
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Layoff Report

Rumor: Layoffs hitting the risk management department?

Heard from a usually reliable source that the risk management department might be facing some cuts. Apparently, some roles are being 're-evaluated' and there's talk of consolidation. My friend works in that department (AVP level), and she's been unusually quiet lately. Anyone else hearing anything specific about this? I'm in engineering, so it doesn't directly affect me, but it's still unsettling to see this happening within the company. Seems like they're trying to streamline operations, but at what cost?

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·2026-05-28T08:04:16.729746+00:00·2
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Discussion

Anyone else feeling nervous about potential layoffs at PayPal?

I've been at PayPal for almost 5 years now, in a PM role in the SMB division. Lately, the vibe has been super off. My manager seems stressed, meetings are getting canceled last minute, and there's a general sense of unease in the air. I know other big tech companies have been doing layoffs, and even though our numbers look okay on the surface, I can't shake this feeling. Anyone else picking up on this, or am I just being paranoid? Is there anything we can even do to prepare?

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·2026-05-28T08:04:13.618882+00:00·2
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Rant

PayPal - Burnout Central?! Rant Incoming.

Okay, seriously, I need to vent. The workload here is insane. We're constantly understaffed, deadlines are always unrealistic, and the pressure to deliver is relentless. My skip-level keeps talking about 'doing more with less', which translates to 'work weekends and never take a vacation'. I'm completely burned out, and honestly, wouldn't be *that* upset if I got laid off. At least I'd get a break (and severance, hopefully!). I've been looking for other jobs for months, but it's exhausting job hunting while dealing with this soul-crushing environment. This place used to be amazing. What happened?

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·2026-05-24T05:48:55.07324+00:00·2
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Discussion

Severance Package Details - What to Expect?

Just trying to prepare myself mentally and financially... What kind of severance package has PayPal typically offered in past layoffs? I know it probably varies based on role and tenure, but any general ballpark figures would be helpful. Also, does anyone know how they handle unused vacation time? Do they pay it out? I've got a decent amount saved up and really hoping I don't lose it. Been updating my resume and LinkedIn just in case, but this whole situation is stressful.

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·2026-05-24T05:48:52.419716+00:00·2
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Discussion

Heard Whispers About Reorg - Is My Team Next?

Been at PayPal for almost 5 years now, and I've seen some ups and downs, but the atmosphere lately is different. My manager has been acting weird – super vague in meetings, canceling 1:1s last minute. Heard through the grapevine that there's another reorg coming, supposedly focused on 'efficiency' and 'streamlining'. I'm in product, and our team has been pretty heads-down building some key features, but I know that doesn't always guarantee safety. Anyone else hearing similar things? Especially nervous since they already cut a bunch of marketing roles last year.

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·2026-05-24T05:48:49.927044+00:00·2

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