PayPal Business News

News and releases from metro area businesses

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PayPal Business News

Postby omahapropertymanager » Thu Oct 20, 2005 1:44 pm

Paypal will be adding a new building near their existing building.

http://www.omaha.com/index.php?u_pg=46&u_sid=2049030

PayPal, an Internet payments system, expects to add about 600 new jobs next year. Less than two years ago, the company built a Sarpy County operations center for 1,200 people, which it already has outgrown. PayPal has 1,400 Omaha-area workers. The second building would more than double its space.

Construction of the two-story building will begin this year and be completed in the second half of 2006, said Sara Bettencourt, a spokeswoman at the San Jose, Calif., PayPal headquarters.

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Postby StreetsOfOmaha » Thu Oct 20, 2005 1:48 pm

Fantastic!
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Postby NovakOmaha » Thu Oct 20, 2005 5:59 pm

PayPal to Expand Operations Facility in La Vista


SAN JOSE, Calif. & OMAHA, Neb.--(BUSINESS WIRE)----PayPal today announced plans to expand its La Vista, Neb. operations center, adding a new building in La Vista's Southport East Business Park. The new building is scheduled to be completed in the second half of 2006 and will total more than 125,000 square feet.

"PayPal has experienced phenomenal growth since we opened our doors just a few years ago, and our team in La Vista continues to expand to support this growth," said Ryan Downs, vice president of worldwide operations for PayPal. "With its highly skilled and diverse workforce, it's clear that the Omaha area is a great home for PayPal, and we're proud to support the continued growth of our local community."

"I could not be happier for our state or for the future of the knowledge-based economy in Nebraska," Gov. Dave Heineman said. "PayPal is a wonderful corporate citizen and a model of the innovative companies we're helping to grow with the Nebraska Advantage jobs-creation package. This is extraordinary news."

Located at the intersection of 126th Street and I-80, PayPal's current facility opened in 2003 with about 500 employees. Today, PayPal has grown to well over 1,000 employees in La Vista dedicated to PayPal's customer service, risk operations, payment processing and sales. PayPal is planning to add about 600 additional employees in La Vista in the next year, including merchant support specialists, risk management experts, and experienced sales agents.

"PayPal's growth in Omaha is a great example of the collaborative effort between the public and private sectors in Nebraska," said Mike Fahey, Mayor of Omaha. "We're proud that PayPal recognizes the advantages of living and working in Greater Omaha, and we congratulate them on this bold expansion and investment in our community."

La Vista Mayor Harold Anderson said, "PayPal is a great corporate citizen, and we are absolutely delighted that they chose to expand in La Vista."

David Brown, president of the Greater Omaha Chamber of Commerce, added, "When PayPal staked its claim in Omaha nearly five years ago, the company made a strong statement about its commitment to our community. Today's announcement puts a major exclamation point on that statement, as PayPal's new project significantly expands its Omaha campus."

PayPal will work closely with the City of La Vista, the Sarpy County Economic Development Corporation, the Greater Omaha Chamber of Commerce, real estate developer The Lund Company, building designer and general contractor Workstage, and other local contractors to complete construction.

PayPal was recently named one of the top five best places to work in Omaha for 2005, by the Greater Omaha Chamber of Commerce.

About PayPal

Founded in 1998, PayPal, an eBay company, enables any individual or business with an email address to send and receive payments online securely, easily and quickly. PayPal's service builds on the existing financial infrastructure of bank accounts and credit cards and uses one of the world's most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution. PayPal has more than 86 million accounts and is available to users in 55 markets around the world. More information about the company can be found at https://www.paypal.com.

PayPal Sara Bettencourt, 408-967-2382 sbettencourt@paypal.com

10/20/2005 15:04 ET

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Postby OmahaRules » Fri Oct 21, 2005 10:14 am

How well do people get payed at PayPal? I think its a higher wage than most similar places am I right? THis is exciting news for LaVista. I'm glad they are finally getting some new jobs in this area.

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Postby Omaha Cowboy » Fri Oct 21, 2005 10:18 am

From what I've heard..

PayPal seems to 'pay well' vs similar comparable jobs..

Generally speaking..

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Postby Coyote » Fri Oct 21, 2005 10:23 am

My sister's boyfriend worked there last year in the Security Fraud department. He said he was well paid for the position - but not for his own level of proficiency. (i.e. he took the job because he needed it - not because he wanted it)
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Postby loyalomahan » Fri Oct 21, 2005 10:30 am

That's probably one of their higher paying jobs. Most of them I would guess are call center positions, aka inbound telemarketing.

On the plus side, any time you add several hundred jobs of any kind to the economy, it is going to create a demand for other more skilled jobs at the same time to support them. Stuff like doctors, dentists, insurance agents, air conditioning service people, etc, etc, not to mention all the construction jobs to build apartments and homes to house these people.

I just hope we can provide enough people to fill all of these new positions. Just think if the metro gets that military financial center, that will be another several hundred jobs. We need to start getting the word out to the rest of the world that there are a lot of openings in Omaha!

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Postby Uffda » Mon Oct 24, 2005 9:45 am

Not sure how much spendable income people who have these call center jobs are going to have buy/pay for 'extras".

Interesting article in the paper yesterday


More workers left out in economic cold
Published Sunday
October 23, 2005


http://www.omaha.com/index.php?u_pg=1638&u_sid=2050789

And they've all hit as American workers are seeing their most sluggish wage growth in decades.

U.S. Bureau of Labor Statistics data suggest inflation this year is growing at more than double the rate of wage earners' pay. This year's drop in real wages is on pace to be the biggest American workers have confronted since 1980.

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PayPal jobs

Postby Scuzz » Mon Oct 24, 2005 10:18 am

First, PayPal pays a pretty darn good wage when compared to other high-level telemarketing jobs in Omaha. The starting wage for entry-level customer service is $12.00/hour, but they also give stock options, bonuses, etc. Since they offer unlimited overtime almost year-round, it isn't difficult for people to make over $40,000/year. I know that a lot of entry-level positions at Mutual or UP pay less than this (salaried) per year, plus you always have the threat of meeting sales targets, or the risk of a layoff.

It shocks me after how much time PayPal has been in Omaha and how much they have grown (btw - the press releases underestimate their number of employees - it is much more like 2K in Omaha) how little we talk about them when we speak about the big companies of Omaha. I don't know many companies that have been able to quadruple their operation size in Omaha in the past three years. I really wish I could find a way to get on with their company, as many of my friends work there and only have good things to say about the place. Believe you me, PayPal is really one of the best companies in this market for an employee.

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Postby Brad » Thu May 23, 2013 3:24 pm

Catching up on the past two weeks worth of Grow Omaha Episodes...

Trenton mentioned that PayPal is looking to add a third building bringing total employment up to 4000 people!
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Postby Coyote » Thu May 23, 2013 4:48 pm

Did they mention where on the campus, or if there will be more parking?
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Postby Brad » Fri May 24, 2013 9:12 am

Coyote wrote:Did they mention where on the campus, or if there will be more parking?


All he really said is somewhere by the other two buildings.
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Re: Paypal to Expand

Postby iamjacobm » Tue Sep 30, 2014 6:57 am

PayPal splitting off from eBay next year.

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Re: Paypal to Expand

Postby Coyote » Wed Oct 01, 2014 10:59 am

iamjacobm wrote:PayPal splitting off from eBay next year.


Maybe move their HQ to AkSarBen Village? :lol:
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Re: Paypal to Expand

Postby Brad » Wed Oct 01, 2014 11:12 am

Coyote wrote:
iamjacobm wrote:PayPal splitting off from eBay next year.


Maybe move their HQ to AkSarBen Village?  :lol:


The actually moved some of their professional employees home. Two people I know from PayPal will both be working from home in the near future to make room for more call center employees in the current buildings.
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Re: Paypal to Expand

Postby Trips » Mon Nov 17, 2014 11:09 am

It sounds like Paypal will need to expand. The problem they have is that they need people to fill those jobs. They are having troubles finding those individuals in Omaha. I can see them expanding their Chandler Arizona location. Who knows, two years from now we could be talking about Paypal a Google company or Paypal an Alibaba company.

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Re: Paypal to Expand

Postby Greg S » Mon Nov 17, 2014 4:16 pm

They have moved people from Omaha to Arizona. Wonder if they are having an easier time filling positions there.

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Re: Paypal to Expand

Postby Greg S » Tue Feb 03, 2015 4:47 pm

Sounds like a bunch of layoffs started today at Paypal. I know it happened to a friend that's been there almost 10 years. He said many others as well.

Ebay had announced in January they were going to cut 2,400 jobs in both the Ebay and Paypal.

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Re: PayPal Business News

Postby Seth » Tue Feb 10, 2015 1:42 pm

I guess no problems with space now then, eh?

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Re: PayPal Business News

Postby Greg S » Tue Feb 10, 2015 4:23 pm

Nope. I found it interesting the PayPal won't say how many jobs were cut.

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Re: PayPal Business News

Postby iamjacobm » Tue Mar 10, 2015 9:52 am

PayPal hosting a job fair now. Sounds like they wanted to turn over some expensive labor for inexpensive new workers.

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Re: PayPal Business News

Postby Brad » Tue Mar 10, 2015 10:04 am

iamjacobm wrote:PayPal hosting a job fair now. Sounds like they wanted to turn over some expensive labor for inexpensive new workers.


Paypal says they can't find enough employees for the call center.
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Re: PayPal Business News

Postby riceweb » Tue Mar 10, 2015 10:05 am

iamjacobm wrote:PayPal hosting a job fair now. Sounds like they wanted to turn over some expensive labor for inexpensive new workers.


I would guess that was not the primary motivation. The company is restructuring with the split from eBay, so there were bound to be newly unnecessary positions as well as new demand for other positions.

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Re: PayPal Business News

Postby Brad » Tue Mar 10, 2015 10:09 am

Here is what Jacob is refering to

PayPal to offer transportation to new workers from north Omaha

http://www.omaha.com/money/blog/paypal- ... b5fba.html" onclick="window.open(this.href);return false;

Janice Podsada, OWH wrote:PayPal will begin offering eligible new employees round-trip transportation to its La Vista campus from north Omaha.

The shuttle program will kick off in May for new hires brought on board in the next month or so and has room for about 28 new employees, a company spokeswoman said. The service is free.
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Re: PayPal Business News

Postby jessep28 » Tue Mar 10, 2015 11:50 am

An inadequate bus system in West Omaha can't keep the icky people from the Northeast out of the suburbs forever.
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Re: PayPal Business News

Postby RNcyanide » Tue Mar 10, 2015 12:24 pm

Mah burbs!!!!
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Re: PayPal Business News

Postby Seth » Tue Mar 10, 2015 2:59 pm

Brad wrote:Here is what Jacob is refering to

PayPal to offer transportation to new workers from north Omaha

http://www.omaha.com/money/blog/paypal- ... b5fba.html" onclick="window.open(this.href);return false;

Janice Podsada, OWH wrote:PayPal will begin offering eligible new employees round-trip transportation to its La Vista campus from north Omaha.

The shuttle program will kick off in May for new hires brought on board in the next month or so and has room for about 28 new employees, a company spokeswoman said. The service is free.


Sounds like a great program.

I wonder if the newly-jobless Yahoo employees will find work here now?

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Re: PayPal Business News

Postby Stargazer » Wed Mar 11, 2015 10:09 am

I remember back when I worked at InfoGroup in Papillion, the OHA ran a shuttle bus for employees there.

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Re: PayPal Business News

Postby iamjacobm » Wed Mar 11, 2015 10:13 am

Maybe instead of paying for their own shuttle they could work with Metro and spend that money developing a route that the whole city as well as their employees could use.

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Re: PayPal Business News

Postby Linkin5 » Wed Mar 11, 2015 12:42 pm

iamjacobm wrote:Maybe instead of paying for their own shuttle they could work with Metro and spend that money developing a route that the whole city as well as their employees could use.


If I wanted something to actually get done Metro is about the last partner I would work with.

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Re: PayPal Business News

Postby Stargazer » Wed Mar 11, 2015 1:08 pm

While I don't follow Metro too closely... I would have thought the same, until they pursued/landed this TIGER funding for the BRT.

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Re: PayPal Business News

Postby bigredmed » Wed Mar 11, 2015 5:07 pm

Linkin5 wrote:
iamjacobm wrote:Maybe instead of paying for their own shuttle they could work with Metro and spend that money developing a route that the whole city as well as their employees could use.


If I wanted something to actually get done Metro is about the last partner I would work with.


Given their recent attempt at "improving the service", I think you are correct.

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Re: PayPal Business News

Postby Brad » Mon Jul 20, 2015 11:22 am

Dan Schulman CEO, PayPal wrote:This is an historic day at PayPal as we become an independent company once again. While we celebrate our return to the Nasdaq stock exchange under the ticker symbol PYPL, I thought I'd take a moment to express my sincere thanks for the trust you've placed in us over the years and the essential role you've played in enabling us to reach this important moment in our history.

The fact is, your company and those like yours around the world are the cornerstone of our business. At the most fundamental level, we are here to help you serve your customers well. Our success is built on your success. Our business grows only when we help you grow yours.

As we begin this next stage of the PayPal journey, the relationship we have is more important than ever. Our industry is as dynamic as it’s ever been. Mobile technology is changing how commerce works and how money flows between you and your customers.

We've built an open digital payments platform that is designed to enable your customers to shop and pay how, when, and where they prefer – whether it's in a store, on a mobile device, or on a web site. We hope to be a full-service payments partner as we work together to create innovative experiences that meet your customer's needs and your company's business goals.

As a newly independent PayPal, our most important commitment is to you. We seek to earn your trust and partnership every day through the excellence of our innovation and execution, the quality of our service, and the integrity of our relationship.

It's been a privilege for everyone here at PayPal to have worked so closely with you and your company over the years. We're grateful that you've chosen us as your payments partner and we can't thank you enough for your support and your belief in our vision.

We’ve been on an amazing journey together so far. But the best part is just beginning. I look forward to seeing what we achieve in the years ahead.

Again, my sincere thanks for your trust in us – past, present, and future.

Dan Schulman
CEO, PayPal
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Re: PayPal Business News

Postby MTO » Mon Jul 20, 2015 12:26 pm

II'm thinking they'll become a bigger player, just purchased some stock while it was under 40.00.
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Re: PayPal Business News

Postby Linkin5 » Tue Jul 21, 2015 6:33 pm

Paypal'so stock already worth more than eBay's.

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Re: PayPal Business News

Postby Brad » Wed Sep 02, 2015 10:23 am

This is sweet, already got mine setup!

PayPal now lets you send and receive money through URLs

http://mashable.com/2015/09/01/paypal-me-service/#:eyJzIjoiZiIsImkiOiJfb3l1aGFkZ2pwZTVvdHkwcCJ9

Paying people through PayPal just got a bit easier.

The company rolled out another person-to person-payments service Tuesday: PayPal.Me, a barebones payments app that uses a URL to allow people to collect and send money to people they know.
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Re: PayPal Business News

Postby iamjacobm » Tue Apr 05, 2016 11:19 am

http://www.usatoday.com/story/tech/news/2016/04/05/paypal-withdraws-planned-nc-expansion-due-anti-gay-law/82649786/

On Tuesday, PayPal CEO and president Dan Schulman announced that the electronic payment company was withdrawing its plans to build an operations center in the state because the new law perpetuates discrimination and violates the values and principles that he said are at the core of PayPal’s mission and culture.

"This decision reflects PayPal’s deepest values and our strong belief that every person has the right to be treated equally, and with dignity and respect. These principles of fairness, inclusion and equality are at the heart of everything we seek to achieve and stand for as a company. And they compel us to take action to oppose discrimination," Schulman said in a statement.


Didn't quote it, but this was a 400 job project in Charlotte that they backed out of.

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Re: PayPal Business News

Postby bigredmed » Tue Apr 05, 2016 1:08 pm

iamjacobm wrote:http://www.usatoday.com/story/tech/news/2016/04/05/paypal-withdraws-planned-nc-expansion-due-anti-gay-law/82649786/

On Tuesday, PayPal CEO and president Dan Schulman announced that the electronic payment company was withdrawing its plans to build an operations center in the state because the new law perpetuates discrimination and violates the values and principles that he said are at the core of PayPal’s mission and culture.

"This decision reflects PayPal’s deepest values and our strong belief that every person has the right to be treated equally, and with dignity and respect. These principles of fairness, inclusion and equality are at the heart of everything we seek to achieve and stand for as a company. And they compel us to take action to oppose discrimination," Schulman said in a statement.


Didn't quote it, but this was a 400 job project in Charlotte that they backed out of.


The gay marriage thing could have been solved in a better way. Had we simply moved marriages into a civil contract, we could have regulated the contract by requiring adults only (adults can sign contracts, minors can't), and the gender of the signees would have no bearing as the requirement to sign would be willingness to be a spouse and ability to be one. If the state defines marriage as a spousal arrangement, then being in one would prevent you from being in more than one. Thus gays get married. Religious people live in peace with it as their status' don't conflict. All the concerns about plural marriage or pederasty would be avoidable.

The people in NC who support this (and there must be more than a few) are likely feeling pushed up against the wall given the legal slam downs that have been aimed at people who don't support gay marriage elsewhere. While I am fine with gay marriage, the reaction of the gay marriage groups to specifically Christians who don't is really quite appalling, especially when they seem quite OK with Muslims refusing to sell gay marriage wedding cakes.

If Gays think bashing Christians in court is their right, then it should not be shocking that Christians would choose the legislative route to fight back.

Paypal has the right to do this, but they should recognize that at least part of motivation in NC is concern that the politicization of the bench tends to lead to these sort of laws and that maybe a more nuanced position should be taken. After all their own statement above says they believe in fairness for all people. A private business's right to do a certain kind of business should not be determined by whether the owners read a Bible or a Koran.

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Re: PayPal Business News

Postby HR Paperstacks » Tue Apr 05, 2016 1:24 pm

I think the only reason Christians are being targeted so much is because they are being very vocal about their bigotry. And it's good they are suffering consequences for it. It's the only way they will learn.

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Re: PayPal Business News

Postby bigredmed » Tue Apr 05, 2016 3:45 pm

HR Paperstacks wrote:I think the only reason Christians are being targeted so much is because they are being very vocal about their bigotry. And it's good they are suffering consequences for it. It's the only way they will learn.

Why is the choice to decline business, by default seen as bigotry? Or is calling you out on this use of a word grenade is the only way you will learn?


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