PayPal Business News

Bob from Omaha · Post by **Bob from Omaha** » Mon Apr 03, 2023 10:19 pm

nebugeater wrote: Mon Apr 03, 2023 9:54 pm I have what I consider to be VERY ACCURATE information that was shared with me concerning the Paypal buildings.

I have been told that Kiewit Real Estate and Shared services is purchasing the Paypal Campus. Over the next year or so they will be doing some remodeling and consolidation into the two buildings.

The KTG group will be the first to relocate later this summer (2023) The remaining groups ( KBS, KDS,KSN) will be relocating there over time as the building is ready and should all be done by early in 2024

I won't believe anything until it's confirmed by npdodger

TitosBuritoBarn · Post by **TitosBuritoBarn** » Mon Apr 03, 2023 10:43 pm

nebugeater wrote: Mon Apr 03, 2023 9:54 pm I have what I consider to be VERY ACCURATE information that was shared with me concerning the Paypal buildings.

I have been told that Kiewit Real Estate and Shared services is purchasing the Paypal Campus. Over the next year or so they will be doing some remodeling and consolidation into the two buildings.

The KTG group will be the first to relocate later this summer (2023) The remaining groups ( KBS, KDS,KSN) will be relocating there over time as the building is ready and should all be done by early in 2024

Where are they located now?

Doctor Fate · Post by **Doctor Fate** » Tue Apr 04, 2023 12:43 am

Bob from Omaha wrote: Mon Apr 03, 2023 10:19 pm
nebugeater wrote: Mon Apr 03, 2023 9:54 pm I have what I consider to be VERY ACCURATE information that was shared with me concerning the Paypal buildings.

I have been told that Kiewit Real Estate and Shared services is purchasing the Paypal Campus. Over the next year or so they will be doing some remodeling and consolidation into the two buildings.

The KTG group will be the first to relocate later this summer (2023) The remaining groups ( KBS, KDS,KSN) will be relocating there over time as the building is ready and should all be done by early in 2024
I won't believe anything until it's confirmed by npdodger

LOL

almighty_tuna · Post by **almighty_tuna** » Tue Apr 04, 2023 1:02 am

Great location and reuse of the location. Kinda odd to me that Kiewit wouldn't include these divisions at their HQ downtown, but I suppose they have their reasons.

iamjacobm · Post by **iamjacobm** » Tue Apr 04, 2023 1:45 am

TitosBuritoBarn wrote: Mon Apr 03, 2023 10:43 pm
nebugeater wrote: Mon Apr 03, 2023 9:54 pm I have what I consider to be VERY ACCURATE information that was shared with me concerning the Paypal buildings.

I have been told that Kiewit Real Estate and Shared services is purchasing the Paypal Campus. Over the next year or so they will be doing some remodeling and consolidation into the two buildings.

The KTG group will be the first to relocate later this summer (2023) The remaining groups ( KBS, KDS,KSN) will be relocating there over time as the building is ready and should all be done by early in 2024
Where are they located now?

I think they have some offices behind L Street Market off like 120th and I

Greg S · Post by **Greg S** » Tue Apr 04, 2023 11:20 pm

almighty_tuna wrote: Tue Apr 04, 2023 1:02 am Great location and reuse of the location. Kinda odd to me that Kiewit wouldn't include these divisions at their HQ downtown, but I suppose they have their reasons.

They have a lot of employees at 120th and I too. That's where all their IT employees are.

Greg

Post by **Brad** » Wed Apr 05, 2023 12:42 am

iamjacobm wrote: Tue Apr 04, 2023 1:45 am
I think they have some offices behind L Street Market off like 120th and I

Greg S wrote: Tue Apr 04, 2023 11:20 pm They have a lot of employees at 120th and I too. That's where all their IT employees are.

I believe they are actually in the original part of the of the old Western Electric HQ closer to 127th & I. There is a sign on the building when you go by.

Greg S · Post by **Greg S** » Wed Apr 05, 2023 2:14 am

Brad wrote: Wed Apr 05, 2023 12:42 am
iamjacobm wrote: Tue Apr 04, 2023 1:45 am
I think they have some offices behind L Street Market off like 120th and I

Greg S wrote: Tue Apr 04, 2023 11:20 pm They have a lot of employees at 120th and I too. That's where all their IT employees are.

I believe they are actually in the original part of the of the old Western Electric HQ closer to 127th & I. There is a sign on the building when you go by.

Yep, that is what I was trying to refer to.. I think there are also Kiewit employees in Ak Sar Ben as well.

Post by **Brad** » Wed Apr 05, 2023 2:49 am

Greg S wrote: Wed Apr 05, 2023 2:14 am I think there are also Kiewit employees in Ak Sar Ben as well.

That was temporary. Toast is in that space now.

Greg S · Post by **Greg S** » Wed Apr 05, 2023 4:20 pm

Brad wrote: Wed Apr 05, 2023 2:49 am
Greg S wrote: Wed Apr 05, 2023 2:14 am I think there are also Kiewit employees in Ak Sar Ben as well.
That was temporary. Toast is in that space now.

Ok thanks. I knew someone that was there. Didn't realize they'd been relocated.

OmahaRedWing · Post by **OmahaRedWing** » Wed Apr 05, 2023 6:43 pm

Kiewit has a lot of employees in the former Western Electric Building. I wonder where there's more, there or downtown HQ?

Bob from Omaha · Post by **Bob from Omaha** » Wed Apr 05, 2023 9:11 pm

Ok. Once and for all. Is Paypal in Omaha history?

djc311 · Post by **djc311** » Wed Apr 05, 2023 9:39 pm

Bob from Omaha wrote: Mon Apr 03, 2023 10:19 pm
nebugeater wrote: Mon Apr 03, 2023 9:54 pm I have what I consider to be VERY ACCURATE information that was shared with me concerning the Paypal buildings.

I have been told that Kiewit Real Estate and Shared services is purchasing the Paypal Campus. Over the next year or so they will be doing some remodeling and consolidation into the two buildings.

The KTG group will be the first to relocate later this summer (2023) The remaining groups ( KBS, KDS,KSN) will be relocating there over time as the building is ready and should all be done by early in 2024
I won't believe anything until it's confirmed by npdodger

HA! I think NPDodger works on Trump's legal or political team. If they say it's happening then it's for realz!

OmahaRedWing · Post by **OmahaRedWing** » Wed Apr 12, 2023 9:19 pm

Bob from Omaha wrote: Wed Apr 05, 2023 9:11 pm Ok. Once and for all. Is Paypal in Omaha history?

It looks like they are still listing openings for Omaha in their careers section of their website.

Linkin5 · Post by **Linkin5** » Thu Apr 13, 2023 2:11 am

From what I have heard they are currently renting out part of the buildings they sold in La Vista. They are looking to long term lease another location in the metro.

ita · Post by **ita** » Thu Apr 13, 2023 2:28 am

Linkin5 wrote: Thu Apr 13, 2023 2:11 am From what I have heard they are currently renting out part of the buildings they sold in La Vista. They are looking to long term lease another location in the metro.

Mercantile.

OmahaRedWing · Post by **OmahaRedWing** » Thu Apr 13, 2023 5:39 pm

Linkin5 wrote: Thu Apr 13, 2023 2:11 am From what I have heard they are currently renting out part of the buildings they sold in La Vista. They are looking to long term lease another location in the metro.

They sold both of their buildings? I had thought they only sold one of them.

Post by **Brad** » Thu Apr 13, 2023 5:46 pm

OmahaRedWing wrote: Thu Apr 13, 2023 5:39 pm
Linkin5 wrote: Thu Apr 13, 2023 2:11 am From what I have heard they are currently renting out part of the buildings they sold in La Vista. They are looking to long term lease another location in the metro.
They sold both of their buildings? I had thought they only sold one of them.

They listed one for sale but had multiple parties interested in taking both, so they decided to sell both together.

OmahaRedWing · Post by **OmahaRedWing** » Fri Apr 14, 2023 9:23 pm

Brad wrote: Thu Apr 13, 2023 5:46 pm
OmahaRedWing wrote: Thu Apr 13, 2023 5:39 pm
Linkin5 wrote: Thu Apr 13, 2023 2:11 am From what I have heard they are currently renting out part of the buildings they sold in La Vista. They are looking to long term lease another location in the metro.
They sold both of their buildings? I had thought they only sold one of them.
They listed one for sale but had multiple parties interested in taking both, so they decided to sell both together.

Ok thanks, that makes sense.

TheSeventhBrat · Post by **TheSeventhBrat** » Sun Apr 16, 2023 3:36 am

Brad wrote: Wed Apr 05, 2023 12:42 am
iamjacobm wrote: Tue Apr 04, 2023 1:45 am
I think they have some offices behind L Street Market off like 120th and I

Greg S wrote: Tue Apr 04, 2023 11:20 pm They have a lot of employees at 120th and I too. That's where all their IT employees are.

I believe they are actually in the original part of the of the old Western Electric HQ closer to 127th & I. There is a sign on the building when you go by.

My sister has worked for Kiewit for 44 years and has worked out at the L Street office for the past several. She confirmed that they will be moving to the Paypal building sometime this year. She's hoping it's her final move before she retires.

Trips1 · Post by **Trips1** » Mon Apr 17, 2023 2:51 pm

Bob from Omaha wrote: Wed Apr 05, 2023 9:11 pm Ok. Once and for all. Is Paypal in Omaha history?

X.com/Paypal seems like a lost opportunity for Omaha. They launched in Dec 1999 and 3 months later opened their first customer service center here. With 500 employees at the time they only expanded to roughly 3,000?

Bob from Omaha · Post by **Bob from Omaha** » Fri May 05, 2023 2:59 am

So where will all the Omaha Paypal employees go?

Post by **Brad** » Fri May 05, 2023 3:03 am

Bob from Omaha wrote: Fri May 05, 2023 2:59 am So where will all the Omaha Paypal employees go?

Well 99.5% were/are working from home. Which is the reason they initially wanted to sell one of the two buildings. They are going to find a small office somewhere in Omaha.

Coyote · Post by **Coyote** » Fri May 05, 2023 3:15 am

PayPal selling sprawling office space in La Vista

LA VISTA, Neb. (WOWT) - After two decades of occupying a large swath of land and two big buildings along I-80 near Giles Road, PayPal confirms to 6 News that it is “finalizing the sale of our existing Omaha office location.” Video from Sky Alert 6 shows just how vast the piece of prime real estate really is. PayPal opened Building 1 in 2003. The company later expanded, constructing Building 2 across the street in what is called Southport East in La Vista. At the time, PayPal had almost two-thousand employees in the Omaha area. The governor called it “extraordinary.” The Chamber of Commerce lauded the company for its commitment to the Omaha community.

Greg S · Post by **Greg S** » Fri May 05, 2023 3:01 pm

Coyote wrote: Fri May 05, 2023 3:15 am
PayPal selling sprawling office space in La Vista

LA VISTA, Neb. (WOWT) - After two decades of occupying a large swath of land and two big buildings along I-80 near Giles Road, PayPal confirms to 6 News that it is “finalizing the sale of our existing Omaha office location.” Video from Sky Alert 6 shows just how vast the piece of prime real estate really is. PayPal opened Building 1 in 2003. The company later expanded, constructing Building 2 across the street in what is called Southport East in La Vista. At the time, PayPal had almost two-thousand employees in the Omaha area. The governor called it “extraordinary.” The Chamber of Commerce lauded the company for its commitment to the Omaha community.

It was interesting they refused to say how many work here now.

Post by **nebugeater** » Fri May 05, 2023 3:23 pm

So will the new buyers be required to have a Paypal account to pay for the transaction?

Post by **Brad** » Fri May 05, 2023 4:07 pm

nebugeater wrote: Fri May 05, 2023 3:23 pm So will the new buyers be required to have a Paypal account to pay for the transaction?

Probably Venmo....

Post by **nebugeater** » Fri May 05, 2023 5:00 pm

Brad wrote: Fri May 05, 2023 4:07 pm
nebugeater wrote: Fri May 05, 2023 3:23 pm So will the new buyers be required to have a Paypal account to pay for the transaction?
Probably Venmo....

Probably OK since Paypal owns Venmo.

With in mind, I still find it crazy that you cannot transfer between the two systems.

Post by **Brad** » Fri May 05, 2023 5:17 pm

nebugeater wrote: Fri May 05, 2023 5:00 pm
Brad wrote: Fri May 05, 2023 4:07 pm
nebugeater wrote: Fri May 05, 2023 3:23 pm So will the new buyers be required to have a Paypal account to pay for the transaction?
Probably Venmo....
Probably OK since Paypal owns Venmo.

With in mind, I still find it crazy that you cannot transfer between the two systems.

I thought about that too. Its almost like they are intentionally trying to keep the two as separate companies? May be the plan is to sell one some day?

Post by **nebugeater** » Fri May 05, 2023 6:11 pm

Brad wrote: Fri May 05, 2023 5:17 pm
nebugeater wrote: Fri May 05, 2023 5:00 pm
Brad wrote: Fri May 05, 2023 4:07 pm
nebugeater wrote: Fri May 05, 2023 3:23 pm So will the new buyers be required to have a Paypal account to pay for the transaction?
Probably Venmo....
Probably OK since Paypal owns Venmo.

With in mind, I still find it crazy that you cannot transfer between the two systems.
I thought about that too. Its almost like they are intentionally trying to keep the two as separate companies? May be the plan is to sell one some day?

That may be the case that they sell, but I think the benefit to transfer would be an enhancement for a sale, not a deterrent.

Heck, I have accounts at two totally unrelated banks, and I can transfer back and forth between them just like I would be transferring between accounts at the same back. The ONLY difference is that there is an overnight delay in seeing the funds in the TO account. When I chose the transfer in either option, it doesn't look or act any different than a transfer between accounts at the same institution.

damonhynes · Post by **damonhynes** » Fri May 05, 2023 6:20 pm

Greg S wrote: Fri May 05, 2023 3:01 pm
Coyote wrote: Fri May 05, 2023 3:15 am
PayPal selling sprawling office space in La Vista

LA VISTA, Neb. (WOWT) - After two decades of occupying a large swath of land and two big buildings along I-80 near Giles Road, PayPal confirms to 6 News that it is “finalizing the sale of our existing Omaha office location.” Video from Sky Alert 6 shows just how vast the piece of prime real estate really is. PayPal opened Building 1 in 2003. The company later expanded, constructing Building 2 across the street in what is called Southport East in La Vista. At the time, PayPal had almost two-thousand employees in the Omaha area. The governor called it “extraordinary.” The Chamber of Commerce lauded the company for its commitment to the Omaha community.
It was interesting they refused to say how many work here now.

Two weeks ago, the lot was full (unusual), with a Penske and a Mayflower truck close to a doorway.

As I type this, there are twenty vehicles at one building and zilch at the other.

It's telling that the security contractor patrol cars that were visible before have been nowhere to be seen lately.

djc311 · Post by **djc311** » Fri May 05, 2023 7:15 pm

Greg S wrote: Fri May 05, 2023 3:01 pm
Coyote wrote: Fri May 05, 2023 3:15 am
PayPal selling sprawling office space in La Vista

LA VISTA, Neb. (WOWT) - After two decades of occupying a large swath of land and two big buildings along I-80 near Giles Road, PayPal confirms to 6 News that it is “finalizing the sale of our existing Omaha office location.” Video from Sky Alert 6 shows just how vast the piece of prime real estate really is. PayPal opened Building 1 in 2003. The company later expanded, constructing Building 2 across the street in what is called Southport East in La Vista. At the time, PayPal had almost two-thousand employees in the Omaha area. The governor called it “extraordinary.” The Chamber of Commerce lauded the company for its commitment to the Omaha community.
It was interesting they refused to say how many work here now.

I've mentioned before that I worked at PayPal for about 2 years... IMO they were like the newer version of Idelman Telemarketing when it came to ppl working for them. What I mean by that is when I was in HS I could probably ask 10 kids and at least 1-2 would say they worked at ITI at some point. PayPal kinda seemed to be the same way. Training classes of 20+ new hires at a time (although common sense tells you why they'd have these starting every week, no one wanted to admit it was due to the significantly high turnover because the job sucked!).

I will admit once I moved to the fraud dept it was actually somewhat fun - I could shut down accounts of losers trying to scam ppl on ebay out of PlayStations or other items they never had intentions of sending. When you'd freeze $20k of a scammer's funds they tend to call in pretty quick! Unfortunately fraud went downhill real fast when they started having you call customers on EVERY transaction that came through.

It's unfortunate they didn't stick around as a significant employer for the LaVista area. 2500 employees is probably 10% of LaVista's population size (LOL).

I think if it was a thing today I'd rather sack groceries for $15/hr than talk to PayPal customers.

Coyote · Post by **Coyote** » Mon May 08, 2023 11:30 pm

Kiewit confirms it’s moving into PayPal complex in La Vista

Kiewit Corporation, the Fortune 500 construction company here in Omaha, is moving at least four divisions or groups to a new location in La Vista, The divisions are moving out of their location on I street, near 120th and L, over to the two large buildings currently owned by PayPal near I-80 and Giles. Just last week 6 News uncovered the buildings were for sale after sitting mostly vacant. Very few PayPal workers come into the office anymore.

6 News received an internal e-mail from Kiewit managers to employees entitled “New Buildings Announcement.” The e-mail tells workers the PayPal campus is “a perfect fit for our growing and evolving shared services organizations.” The e-mail states that the new location has more amenities such as lots of space, large parking lots, walking trails, a pond and basketball courts. The e-mail goes on to state that a group of Kiewit employees will start moving in to the new location this June, with the remainder coming over in early 2024.

Kiewit Public Relations Senior Manager Anglela Nemeth sent us a statement. “Kiewit is planning to move its existing operations at 12720 I Street to the PayPal property. It is anticipated that details will be finalized in the next several weeks.” The four departments affected are Kiewit Technology Group, Business Services, Data Services and Supply Network. It will mean a big location change for hundreds of employees who work in those divisions.

MadJack · Post by **MadJack** » Tue May 09, 2023 2:41 am

A nice win for the Southport area! Just a side observation from the WOWT segment -- I can't ever remember a reporter talking so much about himself in one short news package.

Post by **BRoss** » Tue May 09, 2023 4:01 pm

MadJack wrote: Tue May 09, 2023 2:41 am A nice win for the Southport area! Just a side observation from the WOWT segment -- I can't ever remember a reporter talking so much about himself in one short news package.

Yeah I noticed that too. It was extremely cringe. Like congrats for doing your job.

almighty_tuna · Post by **almighty_tuna** » Tue May 09, 2023 4:12 pm

"Sky Alert 6" is a |expletive| drone!

Post by **nebugeater** » Tue May 09, 2023 4:19 pm

Love this quote from their story.

Just last week 6 News uncovered the buildings were for sale after sitting mostly vacant. Very few PayPal workers come into the office anymore.

Why don't they just say they read it here? Probably where they "got" the email too.

Bob from Omaha · Post by **Bob from Omaha** » Tue May 09, 2023 4:43 pm

nebugeater wrote: Tue May 09, 2023 4:19 pm Love this quote from their story.

Just last week 6 News uncovered the buildings were for sale after sitting mostly vacant. Very few PayPal workers come into the office anymore.
Why don't they just say they read it here? Probably where they "got" the email too.

One, I don't know if/where the "reporter" went to journalism school but the word "I" is used as rarely as possible.
Two, they uncovered? Looked in the windows? Met Deep Throat in a parking garage downtown? Read about it on Eomahaforums.com? Seriously, hire an intern who has actually been to journalism school to write your copy. You're embarrassing the entire industry when you do these things? Either that or take a hint from Fox42 and throw in the towel.

Post by **Brad** » Tue May 09, 2023 5:05 pm

Bob from Omaha wrote: Tue May 09, 2023 4:43 pm Two, they uncovered? Looked in the windows? Met Deep Throat in a parking garage downtown? Read about it on Eomahaforums.com?

Anyone who has driven by PayPal in the past 2+ years knows nobody was going in to the office anymore. It didn't take an "investigative report" to uncover that. The huge parking lot on a very busy interchange stands out like a sore thumb...

JDJase · Post by **JDJase** » Tue May 09, 2023 5:09 pm

MadJack wrote: Tue May 09, 2023 2:41 am A nice win for the Southport area! Just a side observation from the WOWT segment -- I can't ever remember a reporter talking so much about himself in one short news package.

I would have never believed Kiewit is #313 on the Fortune 500 if he hadn't qualified it with "I checked".