PayPal Cuts 251 Employees at San José HQ in Latest Restructuring Round
NewsData.io · United States · Sep 5, 2026
PayPal is laying off 251 employees at its San José headquarters as part of an ongoing multiyear restructuring plan led by CEO Enrique Lores. The cuts are aimed at reducing costs while redirecting investment toward AI initiatives. This marks another wave in a broader workforce reduction effort at the digital payments firm.
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