1.0
Aug 22, 2023
Former employee, more than 10 years
San Jose, CA
Recommend
CEO approval
Business outlook
Pros
Very good user research facility
Cons
The problem is management and executives have in place bonus schemes that rewards incremental increases in revenue from PayPal's primary drivers. This results in poor culture, zero innovation (or ability to act upon innovation) as everyone scrambling for short term gain. This is mostly reflected by the ability of Apple Pay to basically subsume everything PayPal had been striving towards for decades. There are more problems contributing to poor work environment, but in essence the company business model has been regressing to operating on a bank's slim profit margins but with the overhead of a luxurious tech company.