PayPal to lay off 2,500 employees, or 9% of its workforce January 30, 2024 by admin Tweet PayPal lays off about 2,500 employees as the digital payment service faces increased competition and lower profits. CEO Alex Chriss said right-sizing is necessary to accelerate delivery and growth. Read more… Neowin Related Posts:PayPal is laying off 2,000 employees to reduce expensesMicrosoft lays off nearly 1,000 employees across…Microsoft lays off more workers beyond the 10,000…Microsoft lays off 1,900 employees from…PayPal makes use of its Honey acquisition to…