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If you want to screw up your life and career

Software Engineer - III
Current Employee
Has worked at PayPal for 1 year
April 27, 2019
Chennai, Tamil Nadu
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

High pay (associated with high risk)

Healthy snacks, cool drinks (you can buy them on your own)

Brand image

Some technically sound colleagues

Politics is not too much, but it's there. People tend to take away your work if you are not careful enough.

Many KT sessions and seminars would happen, but you won't get time to participate in them.

Cons

Regular Lay-Offs.

I joined PayPal by reading all the good reviews here. But they laid me off within one year, saying silly things. You are likely to be thrown away after a project gets over.

HRs spoke to me so nicely, made many promises, and called me often to get me on board. In the end, they escaped. I suspect most reviews are posted by marketing HR themselves.

If you are already settled in a good company, don't join here. You will be screwed.

You will always be loaded heavily. No breathing time in between projects. I had worked even on weekends for months. No work-life balance. Still, your work won't be appreciated.

Pay will be good on paper only. After all taxes, it's almost like the old salary only. I don't know how they are a top 25 best company to work with. It's false.

If you are joining as a lateral with good experience, it is difficult to survive competing with guys sitting, rubbing the bench here for years. Since most of the things here are internal. Also, if you are caught for a long term, it's difficult for the next jump.

CEO talks so soft & nice in videos; but in actual, management is very rude, and never cares for employees.

I overheard two very top management people talking in the library, "It's boring to see old faces daily – let's fire some and get fresh faces in." Understand their mentality.

So, you can be fired anytime. Severance pay won't be that good if you haven't spent many years in PayPal.

I know the pay will hide your eyes, but based on my experience, I am saying you will regret joining here. Better take some more time and prepare well, and join a better product company. Remember, PayPal even fired Elon Musk.

Advice to Management

Get rid of hire and fire culture. Why do you hire people who are well settled in another organization, assuring better pay and a stable job, and then collapse their careers?

A hire and fire culture, even at a low level, will destroy trust and eventually the company itself over the years.

Managers do not care what employees do. There is no need for micromanagement, but at least know who is doing what.

Remember Infosys, who fired extensively in 2007-09. They never regained the No. 2 position since they lost employee trust. If you care only for shareholders, they will leave you anytime if you are not profitable; if you care for employees, they will help you bounce back.

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