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PAYPAL JOB CUTS
‘No coders or managers’: 1 lakh tech jobs gone, but one type of engineer is becoming untouchable, and the ₹60.5 lakh crore reason whyTech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and PayPal, despite record AI investments...- PayPal layoffs alert: Why the company plans to cut 20% of jobs under new CEO Enrique Lores as analysts warn of growth challenges - here's what investors need to knowPayPal layoffs strategy under new CEO explained: Paypal is set for a major internal change. The company plans to reduce its workforce by ap...
- Verizon outage: Check New York-based U.S. wireless carrier's recent job cuts, business reports, deals and mergersVerizon added just 44,000 monthly bill-paying wireless subscribers in the third quarter, lagging AT&T. T-Mobile led with more than 1 millio...
- Pine Labs' strong D-Street debut; digital protection rules notifiedPine Labs started its public markets journey on a strong note. This and more in today's ETtech Top 5.
- Verizon layoffs: 15,000 to be fired, stock skyrockets as broader markets fallVerizon is making big changes to improve its business. The company announced major job cuts and new plans under its new CEO, Dan Schulman. ...
- PayPal flags smaller basket sizes, cautious shoppers amid macro uncertaintyPayPal saw a slowdown in payments activity in September that continued into October across both the US and Europe, as consumers became more...
- Payments fintech Block climbs nearly 20% after strong earnings forecastThe stock was trading at $81.39, adding more than $8 billion to the company's market value. Block has been looking to lower costs and drive...
- Jack Dorsey's Block outlook tops earnings estimates, boosting shares 12%The company expects adjusted core earnings between $570 million and $590 million for the three months ended March 31, compared with analyst...
- PayPal sees flat profit in 'transition year,' shares fallAnalysts have been concerned about PayPal's margins, which have underwhelmed investors recently. While the company's unbranded businesses h...
- More than 30,000 tech employees lose jobs globally in first month of 2024Tech companies, including startups, around the world fired more than 425,000 employees in 2022 and 2023, with more than 36,000 employees be...
- US job cuts more than double in January -reportJob cut announcements in January surged to the highest level in 10 months, driven by the financial industry and technology sectors. Announc...
- PayPal laying off about 2,500 employees to 'right-size' the companyAccording to verified PayPal professionals on the anonymous online discussion forum Blind, the job cuts have begun, and by the end of the w...
- Why are so many companies 'rightsizing'?Alphabet, Google's parent company, cut 12,000 jobs, or about 6% of its global workforce, at the start of 2023. Meta laid off more than 10,0...
- PayPal tumbles 12%, eyes lowest close since 2017PayPal late on Monday estimated adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of 12...
- US job cuts over Jan-Feb hit highest since 2009 - reportIn February alone, layoffs in the United States stood at 77,770, more than five times higher than the 15,245 job cuts announced a year earl...
- Tech, biotech companies plan fresh layoffs in Silicon ValleyTech and biotech companies have filed plans that cut at least 19,500 jobs in the Bay Area, "with no indication that the job losses have beg...
- Thousands of fintech jobs are gone as companies cut costs for first timeFintechs boomed during the early days of the pandemic, ambitious to grow and driven by low interest rates and consumer hunger for debt.
- PayPal to lay off 7% of its workforce, fire 2,000 employeesPayPal's move to cut staff - a move to reduce costs- comes against the backdrop of decades-high inflation hitting the purchasing power of c...
- Jack Dorsey, Peter Thiel said to be behind Elon Musk's Twitter takeover: WSJ reportBoth Musk and Dorsey believed that Twitter would be better off as a privately held company, according to former Twitter executives. They al...
- eBay will cut thousands of jobs early next yearThe cuts would affect at least 3,000 employees in eBay's core marketplace division, according to one source.
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