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PayPal Advances Restructuring, Plans to Lay Off About 380 Employees in India and Ireland
3 day ago /
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Author：小编
PayPal is advancing its multi-year restructuring plan, having recently laid off approximately 600 employees in India and 164 in Ireland, affecting multiple departments including technology, engineering, and payments. This round of layoffs is part of the transformation plan announced earlier by PayPal, aiming to streamline global operations, enhance execution, and lay the foundation for long-term growth. PayPal plans to reduce its workforce by 20% over the next two to three years to achieve annual total cost savings of at least $1.5 billion.
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