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More layoffs are coming. I know PayPal is going to shift a bunch of jobs from San Jose to Austin when this is all up. There will be way more layoffs or relocati

More layoffs are coming. I know PayPal is going to shift a bunch of jobs from San Jose to Austin when this is all up. There will be way more layoffs or relocations.

deleted 7y ago
[deleted]
kaesar14 7y ago
Do you have a source, or just rumors?
- diogenescynic 7y ago
  I’m being let go and it’s super obvious. They hired our replacements in Austin in March and they started in April. But now management is playing games hiding them under other org trees, etc. They did the same thing last year. There was obviously going to be a lay-off at the end of March like last year, but they delayed it to not look bad PR-wise. My manager has even casually started making strange comments like “all the jobs will eventually be in Austin” and “sometimes you just have to get laid off” so it’s like they’re telegraphing it at this point.
  - kaesar14 7y ago
    That's rough, I'm sorry to hear that. All the best in your search for a new opportunity. Tough times all around.
  - iphone_elegance 7y ago
    Probably a good thing in the long run, this industry needs to come back down to earth it's ruining a lot of peoples lives And pretty much a waste of american talent
  - dclusin 7y ago
    If you think your team is going to get laid off you could maybe try to volunteer for it and negotiate for a more generous severance package. Big cos like that typically set aside money for those things and how it gets distributed is discretionary.
    - diogenescynic 7y ago
      I may actually do this tomorrow. Thanks for the idea. Didn’t realize it was an option. The worst part is just waiting for it to happen.
      - dclusin 7y ago
        That's what I would do in that situation. I worked for a bank back in 2008. Just sat around waiting for the inevitable. Your boss could be a dick and lay you off on the spot and it may blow up in your face. But you might also be able to get more than what might have been coming your way. I'd give it a shot. It sounds like you have already caught wind, so jockeying for position is probably a safe bet.
asdff 7y ago
This is devastating. 20% unemployment rate as of last week, only getting worse as earnings come up. I don't know what the economy will look like when we emerge from this.

More layoffs are coming. I know PayPal is going to shift a bunch of jobs from San Jose to Austin when this is all up. There will be way more layoffs or relocations.

deleted 7y ago

[deleted]

kaesar14 7y ago

Do you have a source, or just rumors?

diogenescynic 7y ago
I’m being let go and it’s super obvious. They hired our replacements in Austin in March and they started in April. But now management is playing games hiding them under other org trees, etc. They did the same thing last year. There was obviously going to be a lay-off at the end of March like last year, but they delayed it to not look bad PR-wise. My manager has even casually started making strange comments like “all the jobs will eventually be in Austin” and “sometimes you just have to get laid off” so it’s like they’re telegraphing it at this point.
- kaesar14 7y ago
  That's rough, I'm sorry to hear that. All the best in your search for a new opportunity. Tough times all around.
- iphone_elegance 7y ago
  Probably a good thing in the long run, this industry needs to come back down to earth it's ruining a lot of peoples lives And pretty much a waste of american talent
- dclusin 7y ago
  If you think your team is going to get laid off you could maybe try to volunteer for it and negotiate for a more generous severance package. Big cos like that typically set aside money for those things and how it gets distributed is discretionary.
  - diogenescynic 7y ago
    I may actually do this tomorrow. Thanks for the idea. Didn’t realize it was an option. The worst part is just waiting for it to happen.
    - dclusin 7y ago
      That's what I would do in that situation. I worked for a bank back in 2008. Just sat around waiting for the inevitable. Your boss could be a dick and lay you off on the spot and it may blow up in your face. But you might also be able to get more than what might have been coming your way. I'd give it a shot. It sounds like you have already caught wind, so jockeying for position is probably a safe bet.

asdff 7y ago

This is devastating. 20% unemployment rate as of last week, only getting worse as earnings come up. I don't know what the economy will look like when we emerge from this.