PayPal said Tuesday it plans to lay off about 2,000 employees, or roughly 7% of its staff, making it the latest tech firm to announce significant job cuts in recent months amid broader economic ...

PayPal said Tuesday that it would cut its workforce by 9% this year, according to a letter to staff reviewed by The Wall Street Journal. It had about 27,800 employees as of the end of 2023.

Former Staff. I cover breaking news. Jan 30, 2024, 03:15pm EST Jan 30, 2024, ... That’s how many employees PayPal laid off in January 2023, which cut about 7% of the company’s global workforce.

PayPal said Tuesday it is cutting 9% of its total workforce; its shares fell more than 1% a day after. The digital payment company cuts come as several tech companies, including Salesforce ...

PayPal will cut 9% of its workforce, adding to a slew of January layoffs. Last week, its new CEO announced a "new chapter" including AI products.

PayPal says it will cut another 2,500 jobs, or 9% of its global workforce, a year after making a similar move. Chief executive officer Alex Chriss told staff that the decision was made to "right ...

PayPal Holdings Inc. is planning a new round of layoffs as it continues efforts to cut costs, in a move that one analyst says will offer fodder for both the bull and bear camps on the polarizing ...

F intech giant PayPal is set to reduce its global workforce by nine percent, impacting approximately 2,500 jobs, as part of a strategic move to enhance efficiency and drive profitable growth ...

PayPal is laying off nine percent of its workforce, the company’s CEO Alex Chriss told staff in a letter on Tuesday that PayPal made public hours later. The decision will impact about 2,500 ...

In January of this year, PayPal announced plans to cut around 2,500 jobs globally, or 9% of its workforce. In January 2023, PayPal announced 2,000 job cuts globally which was around 7% of its ...

PayPal said Tuesday it plans to lay off about 2,000 employees, or roughly 7% of its staff, making it the latest tech firm to announce significant job cuts in recent months amid broader economic ...