PayPal will reduce its workforce by 7 %

The PayPal payment platform indicated that in the coming days it will lay off some 2,000 workers, which will result in a 7 % reduction in the workforce

The president and director in charge of PayPal, Dan Schulman, announced that the payment platform will lay off some 2,000 workers, which represents 7 % of its workforce.

With this measure, PayPal joins the massive wave of layoffs that technology companies have been applying globally, as extreme measures of remodeling and readaptation to the world economic scenario.

PayPal has indicated that the layoffs will materialize in the coming weeks, with which the payroll of the digital payment platform reduces approximately 7 % of its workforce.

Following the trend of Microsoft, Amazon, Google and other technology companies, PayPal seeks to stabilize its finances and adjust costs.

Schulman has noted, “We have more work to do. We must continue to change as our world, our customers, and our competitive landscape evolve.”


Source: libremercado

(Reference image source: Muhammad Asyfaul, Unsplash)

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