PayPal is reducing its workforce by approximately 2,500 employees as part of an effort to “right-size” the company.
PayPal, an online payment gateway, is undergoing a workforce reduction that will impact at least 9% of its employees, amounting to approximately 2,500 individuals. Reports from verified PayPal professionals on the anonymous online discussion forum Blind confirm that the layoffs have already begun and are expected to affect around 2,500 jobs, equivalent to 9% of…