PayPal to Cut 2,500 Employees to ‘Right-Size’ the Company

PayPal to Cut 2,500 Employees to ‘Right-Size’ the Company

Alex Chriss, the CEO of payment company Paypal, announced to the staff on Tuesday that an additional 9% of the workforce, approximately 2,500 positions, will be cut. The development follows PayPal’s decision to reduce its headcount by around 2,000 in January of the previous year. Paypal Further Reduces Workforce In a letter, the newly appointed […]

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