PayPal to lay off thousands as company CEO wants to spend more on technology, tells investors: First, we will remove …
PayPal is planning to layoff thousands of employees over the next two to three years. According to a report by The Wall Street Journal, PayPal is said to layoff 20% of its staff which amounts to roughly 4,760 positions out of the 23,800 employees. As per the report, the layoffs are part of a sweeping…