PayPal CEO Alex Chriss told employees on January 30, 2024, that the company would reduce its global workforce by about 9 percent. The cuts would come through direct reductions and the elimination of open roles over the year, in a message Chriss posted to PayPal's newsroom. PYMNTS reported that figure amounted to roughly 2,500 positions.
· PayPal cuts staff
PayPal Cuts 9 Percent of Its Global Workforce
PayPal CEO Alex Chriss told employees on January 30, 2024, that the company would cut about 9 percent of its global workforce, a cut PYMNTS put at roughly 2,500 positions.
