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Hey,
Is it a good idea to join Paypal for Software Engineer III from Walmart Software Engineer III, for the base salary of 35LPA and 9L RSUs per year for Chennai location ? I am currently withdrawing 24LPA as base and 4.2 as Variable and 3.5L RSUs vested for 4 years.
I have been told that I'll be part of Risk team under Paypal Transactions domain. Any Idea how is the work culture and tech stack here in this team?
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There would be less blue states if we counted less 🤣

How do i buy floki inu?
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Waking Life. What the fuck.
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The framework is standard:
1. cut op costs
2. Offer FMLA, part time, or non paid time off
3. Reduce benefits - usually cut in variable pay, bonus, 401k match, etc.
4. Salary cuts - usually 25-50% at sr. Leadership and then 5-25% at lower levels
5. Forloughed
6. involuntary terminations
All of this will be based on comp. models and financial forecasting. I’ve seen (and sadly advised) these steps before. Each company will have different flavors of what this looks like (eg. No tuition reimbursement for 3 or cut holiday parry at 1).
I’m not at Pwc anymore. Where I’m at is at stage 4.
I worry that companies will eliminate everything but not return anything once back to “normal”. Everyone I know that has been at places that cut pay/401k/benefits never received anything back. Companies use it to reduce their head count and future current liabilities and just carry on forward once everything corrects itself. They know they can because we continue working or are easily replaced anyways.
To note, Capgemini instituted a mandatory 80 hour vacation usage policy (I only get 96 hours) but is still handing out variable comp. They continue to take away Staff, Senior, and Manger benefits but protect upper level. I was looking for a new job before this and it’s why I will continue looking for a new job after this.
This was my exact thought but I don’t have a high enough title to question why it’s happened. I just get told “solidarity”.
They haven’t officially done away with 401k match yet
No ice cream / Steaks this summer
Don’t forget about those movie tickets. Kept me from downloading movies for the entire month of July.
Deloitte - nothing yet besides adjusting year end reviews to not take as long so PPMDs can focus their efforts elsewhere.