PayPal to lay off 2,000 employees in coming weeks, about 7% of workforce
Summary by NBC LA
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106 Articles
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PayPal to cut 2,000 jobs in latest tech company cost-cutting
PayPal said Tuesday it will trim about 7% of its total workforce, or about 2,000 full-time workers, as the digital payments company contends with what it calls “the challenging macro-economic environment.” PayPal said it will make the cuts over several weeks, with some of its organizations affected more than others. The company did not further specify. PayPal is the parent of Venmo, Xoom and Honey, among other brands. The company based in San Jo…
·Tacoma, United States
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Total News Sources106
Leaning Left16Leaning Right14Center51Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 20%
C 63%
R 17%
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