Pros
Salary and benefits were decent. Learnt a lot. Overall it was a nice place to work. I would recommend working here but you need to always keep in your mind management can cut you at any moment, but that isn't just a PayPal thing.
Cons
Lack of transparency and poor communication from management. Management in Sydney all flew to Europe business class for a week without telling any of their teams where they were, and then shortly upon returning started making people redundant due to cost pressures (lol). Staff parties were pretty good though one particular director who's a nice enough guy makes himself the evening's entertainment / band, and though he's not a bad singer seems to think he's a lot more talented than he actually is. Probably would make it through the first auditions of Australian idol and then cut, nothing dishonourable about that. Better than your average Joe. Just a bit annoying when people are trying to dance and every second song he stops to introduce and tell a story about the background of the song like he wrote it himself, even though everyone already knows the song and he's just singing covers people are trying to dance to. Most career opportunities are outside Sydney but that's to be expected and you can definitely still benefit a lot from working here.