PayPal Layoffs - Severance, Resources & Job Search Tips
Information for PayPal employees affected by layoffs. Severance details, alumni networks, job search resources, and career transition tips.
PayPal Layoffs
3-4 months
Typical Severance
2
Recent Layoff Events
Fintech
Industry
Severance Information
What to Expect
Competitive packages typically including healthcare continuation.
Note: Severance packages vary by role, tenure, and specific circumstances. This is general guidance based on reported packages.
Layoff History
January 2023
2,000 affected
Macroeconomic conditions
January 2024
2,500 affected
Cost optimization
Resources for PayPal Alumni
Payments industry jobs
Fintech networks
Checkout/commerce roles
Career Transition Tip
Payments experience is in high demand. Consider Stripe, Square, or emerging fintech.
Next Steps
- Review your severance package carefully - Don't sign immediately. You typically have 21-45 days.
- File for unemployment - Do this right away in your state. Find your state's guide
- Update your LinkedIn and resume - Include quantifiable achievements from PayPal
- Tap into alumni networks - PayPal alumni are often eager to help
- Consider your health insurance options - Compare COBRA vs. ACA marketplace plans
Severance Calculator
Estimate your severance package
Financial RunwayCalculate how long your savings will last
Industry GuideResources for Fintech professionals
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