PayPal to Cut Around 2,500 Jobs as Rivals Snag Market Share

[Gunnar Larson]

PayPal to Cut Around 2,500 Jobs as Rivals Snag Market Share
https://www.bloomberg.com/news/articles/2024-01-30/paypal-to-cut-around-2-500-jobs-as-rivals-snag-market-share


PayPal Holdings Inc. will reduce its workforce by about 9% this year as
Chief Executive Officer Alex Chriss, who took over in September, grapples
with rising competition, profit pressures and a raft of analyst downgrades.
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