Pros
As someone who likes fintech, working for one of the big players in the industry is great. Working on code that deals with large amounts of money movement is very fulfilling. Good work life balance. Respectable perks.
Cons
The number of reorgs, like many other reviews posted, is not an understatement. The company is stuck in an endless cycle of reorgs where orgs are split, then merged, then split again, and so forth. To make matters worse, many of these reorgs come with layoffs. It is one of the most unstable companies I've worked for. Come springtime, everyone braced for layoffs. However, now it is year round. Worst of all, the reorgs have not achieved any actual perceivable positive effects in the company for employees. In fact, we often have to pick up the responsibilities left by the teams that were cut. This hints that senior leadership does not know where to take the company, and then they leave; the number of leadership change emails is absurd. The number of contractors is astounding and significantly outnumber full-timers in many teams. Part of it was the company trying to ride the pandemic wave. PayPal does not hide the fact that it will offshore jobs if there is an opportunity.