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 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 ...

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 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 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 ...

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 ...

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 ...