Pros
Pays decently well for most positions, unlimited PTO and a one-month sabbatical every 5 years
Cons
It is somewhat shocking how quickly PayPal went from being an amazing employer to an outright terrible one. It started under the previous senior leadership team, where we had great products but absolutely ran out of new ideas - became reactive rather than proactive to what our competitors were doing, the stock tanked, we cleaned house and brought in Alex Chriss as CEO. Alex cleaned out the rest of the senior leadership team and brought in the most useless set of leaders imaginable from the top down. Across the company, pretty much all folks in positions of leadership were laid off or pushed out, and replaced with the most useless group of people imaginable. Their only solution to growth is massive layoffs at least once annually, though it's starting to be more often than that. In addition to a product roadmap that consists of nothing other than reactive measures, the company is just as reactive to the changes being made at other tech companies. A return-to-office mandate of 3+ days per week came through, as well as telling all remote employees that they either move near an office or that they are stuck where they stand in their current roles. Overall, it's an extremely painful place to work now - infinite churn of busy work to satisfy completely misguided requests from senior leadership, all of which leads to nothing new or useful.