PayPal is the latest tech company to announce layoffs. They’re cutting 2,000 jobs which is about 7 percent of their workforce.
PayPal cuts 2,000 jobs in latest tech layoffs https://t.co/DjIAeAtAb9
— BBC News (UK) (@BBCNews) February 1, 2023
PayPal said on Tuesday that it will trim about 7% of its total workforce — or about 2,000 full-time employees — as the digital payments company contends with what it calls a "challenging macro-economic environment." https://t.co/4htZX40Lf7
— CBS News (@CBSNews) February 1, 2023
With all these layoffs going on, it is really incredible to see how anybody can say that we are not in an economic decline.
Oh well, PayPal is a disreputable company any way. They literally claimed the right to steal your money if they disagree with your political views. Hopefully the whole company goes bankrupt.