AM I NEXT? NO LOVE AT PAYPAL

San Jose, California-based PayPal, the iconic financial technology company operating an online payments system, is continuing its multi-year operational restructuring.

The current personnel adjustments will impact 251 employees at its San Jose headquarters, including 42 senior software engineers, 18 software engineering managers, 14 staff software engineers, 12 software engineers, and 10 senior software engineering managers. Separations are scheduled for October 30, 2026.

According to published reports, the company plans a 20% reduction in force over the next two to three years, or more than 4,500 jobs to trim $1.5 billion from its operational costs.

Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT CHIME

San Francisco, California-based Chime, a financial technology company that partners with regional banks to design and host fee-free mobile banking services, has announced a reduction in force as part of its cost containment strategy.

The personnel realignment will impact approximately 10% of the workforce, or about 135 employees, effective September 30, 2026.

Co-founder and CEO Chris Britt commented, “The world is changing quickly, and this means we need to keep evolving too. To continue to lead in the next era, we need to have the right structure, capabilities and approach to our work. AI is changing what’s possible but requires new skills. Smaller teams with fewer layers are moving faster than ever and getting more done. We’re making changes across the company to organize for this next chapter. In some areas, that means a flatter structure and smaller squads. In others, it means building more capabilities. As a public company, we must accelerate growth while continuing to demonstrate operating discipline to build an even stronger, more profitable business.”

Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT VISA

San Francisco, California-based Visa, the iconic payment card firm associated with Visa-branded credit cards, debit cards, and prepaid cards, has announced a restructuring and a 7% reduction in its workforce.

The reduction will impact 2,600 employees, mainly in technology and product operations roles companywide.

According to CEO Ryan McInerney, “I have deep conviction that we are doing what is right for Visa, our clients and our partners as we continue to focus on driving efficiency across the company in order to reinvest in our highest potential opportunities. To capture the opportunities ahead and best position Visa to lead this transformation, we must continue evolving how we work. AI is also helping to accelerate this evolution and shape the way work gets done at Visa. As a result of the choices we have made over the past few years, we are entering a new era in commerce with a business that has real momentum. We see this in our continued strong financial results, client satisfaction, employee engagement, and breakthrough innovation as we build and ship products better and faster than ever before."

Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?