PayPal has reportedly started laying off employees from its offices in Chicago, Omaha, Nebraska and Chandler, Arizona, in an effort to reduce its spending. The financial technology company is also planning to shut down its San Francisco office, but will not freeze its hiring, according to TechCrunch.
83 workers at PayPal were impacted by the latest decision. Last month the company also announced plans to close its office in San Francisco. A spokesperson from the company told TechCrunch that PayPal is “constantly evaluating how we work to ensure we are prepared to meet the needs of our customers and operate with the best structure and processes to support our strategic business priorities as we continue to grow and evolve.”
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- HilaryWilde·2022-06-01That doesn't stop me from being bullish on PayPal.LikeReport
- MR_Wu·2022-06-01When bad news starts to appear is when we should buy stocks.LikeReport
- Maria_yy·2022-06-01It seems that the fall in share price has a great effect on the company.LikeReport
- DonnaMay·2022-06-01Did you also invest in PYPL lol?LikeReport
- PandoraHaggai·2022-06-01PayPal isn't the only tech company downsizing.LikeReport
- LouisLowell·2022-06-01Hopefully PayPal can survive this period.LikeReport
- MortimerDodd·2022-06-01This will adversely affect PayPal's reputation.LikeReport
- ElvisMarner·2022-06-01My heart goes out to the fired employees.LikeReport
- BurnellStella·2022-06-01Reducing operating costs may be a good thing.LikeReport
- CMChai100·2022-05-30希望有战绩LikeReport
- RoIdeRois·2022-05-31oh no1Report
- Delz·2022-05-31[Cool]LikeReport
- JianTou·2022-05-30OkLikeReport
- gnossor·2022-05-30👍🏽1Report
- NT03·2022-05-30👍🏻LikeReport
- dwwong·2022-05-30amcLikeReport
- Nicliow·2022-05-30WowLikeReport
- StLiaS·2022-05-30niceLikeReport
- Jasoncgs·2022-05-30👍🏻LikeReport
- WenYi123·2022-05-30[强]LikeReport