>

I guess, it still just seems outrageous for how little they actually provide. They certainly don't provide meaningful customer service to individual users.
I accidentally divulged my PayPal login to a hacker after receiving a phishing email. I reported it to the company, and they refused to help. I can’t log in to my account anymore, so it’s sitting dormant. I wonder how many others are in this boat. >

I am. Tried multiple times to get access to the account, but to no avail. Only method to reach customer support from Finland is by phone, which they don't answer even after holding for an hour. >


PayPal stock closed up 2% Tuesday.

BUT THINK OF THE STOCKHOLDERS >

I like how people assume that only the typical “tech worker” gets fired during these layoffs. These companies hired a bunch of different types of workers during the pandemic online sales boom and now they’re likely readjusting back to “normal” along with safeguarding themselves over recession concerns. It’s not just the software engineers being cut, it’s also a bunch of HR, finance, CS reps, etc. But anytime you hear about a tech company doing layoffs there’s some narrative about tech in decline or something similar for whatever reason, while completely ignoring the unprecedented COVID “boom” for some of these companies that no longer exists now. >

Because these people are bitter their job sucks and wants tech to fail and try to twist the narrative to be as negative as possible for tech whenever they can.
These are the same people that think everyone at these companies does nothing but goof off all day with massages and coffee etc, but somehow these companies are also making money hand over fist. >

I think a lot of people here are either really young or haven’t worked a corporate job so they don’t realize companies have several departments that offer different roles. It’s like people who think GM only hires people who design and build cars when they have an entire IT department of their own. People on Reddit just generalize based on the industry the company is centered around because the average person here has no clue what they’re talking about. >

You are correct, probably all departments get trimmed proportionally to their structured plan. It is to be said though that engineers probably get the highest salaries, this side of execs. >

How does Paypal even have 28,000 employees in the first place? What do they all do? That seems like an outrageous number for a company with no physical product or meaningful customer service. >

They're a global company.  They have software developers, legal, real estate, infrastructure, customer service, etc.  28000 doesn't seem crazy to me.