Paypal to cut 2,000 jobs in push to trim costs amid economic slowdown

While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do: Dan Schulman

Jenny Surane | Bloomberg |Bloomberg
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Paypal to cut 2,000 jobs in push to trim costs amid economic slowdown

2 min read Last Updated : Feb 01 2023 | 8:19 AM IST

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PayPal Holdings Inc. said it will cut 2,000 staffers as it contends with a macroeconomic slowdown that’s weighed on the firm’s business in recent quarters. The cuts, which will affect about 7% of empl

Topics :PayPaljob cutEconomic slowdownlayoffdigital walletsCompanies

First Published: Feb 01 2023 | 8:15 AM IST

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