A company chock full of talent with no idea what to do with it - werkgeversreview Systems Administrator bij PayPal

2,0
5 aug 2024
Aanbevelen
Goedkeuring directeur
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Pluspunten

Decent to good benefits, the good managers were fantastic (though most have been let go by now), brilliant people in the tech roles, though most are now gone.

Minpunten

The company has no idea what to do with their products. We were constantly pivoting and dropping what we were previously doing to rush into some new half baked project only to drop that as well after a couple of weeks. Management was more interested in office politics than actually working and were constantly trying to backstab each other to the detriment of the company at large. Constant re-orgs as VP levels are constantly fighting for additional head count for clout. When layoffs started in late 2022 they claimed they were laying off the "low performers" but it was very clear it was more about killing off the people with high tenure than it was about any sort of performance issues. Also they completely changed their severance policy a month before initiating mass layoffs to make sure they wouldn't have to pay out their "1 month of severance per year at the company" promise. Just know that if management promises you anything that its basically worthless.

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5,0
15 mei 2026
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
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Pluspunten

Good company to work for, good work life balance

Minpunten

They should have more developers than other titles.

2,0
13 apr 2026
Aanbevelen
Goedkeuring directeur
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Pluspunten

PayPal has a lot of potential. It has two very strong brands in PayPal and Venmo with significant awareness and user bases that other companies envy. There are pockets of teams that are really pushing the envelop to reimagine what PayPal and Venmo could be—especially the Venmo team—and to move with speed given the company must stay focused and not waste time with Apple Pay, Shop Pay, and so many other competitors nipping at PayPal's heels and aggressively taking market share.

Minpunten

While some teams are pushing to self-disrupt and are moving fast, too many teams—and I'd argue the majority of the company–are living off of PayPal's laurels from the late 2010s through the pandemic. The culture and mindset have to change for the company to remain competitive. Otherwise, they are the Titanic and they're sinking slowly. The former CEO who only last 2 years tried diversifying the company's revenue, planning for the future. But the board and its former chairman (now new CEO) felt he wasn't moving fast enough to stabilize and marketshare. Instead, the board hired the former chairman who made computers and printers at HP—another sinking ship—to lead the oldest fintech company. The loss of confidence in the leadership team and the strategy are only accelerating.

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