PayPal latest tech firm to announce mass layoffs with 2,000 job cuts

By Christopher Hutton

Published January 31, 2023 9:09pm ET

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PayPal latest tech firm to announce mass layoffs with 2,000 job cuts — PayPal announced plans to lay off 2,000 employees, making it the latest of many tech companies that have made job cuts in an effort to lower costs. The payment service announced on Tuesday that it was cutting jobs to address the “challenging macroeconomic environment.” Silicon Valley as a whole has been shedding jobs in the […]

PayPal announced plans to lay off 2,000 employees, making it the latest of many tech companies that have made job cuts in an effort to lower costs.

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