PayPal begins cutting staff as its push to reduce costs ramps up

May 27, 2022 8:00 AM

NEW YORK (BLOOMBERG) – PayPal Holdings began laying off staffers who worked in risk management and operations this week as the firm seeks to shore up profits after growth in spending on its platform stagnated in recent quarters.

Source : https://www.straitstimes.com/business/companies-markets/paypal-begins-cutting-staff-as-its-push-to-reduce-costs-ramps-up

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