PayPal: 251 jobs cut
PayPal is laying off 251 employees at its San Jose headquarters as part of a broader initiative to reduce its global workforce by 20%. This restructuring aims to enhance efficiency and redirect resources towards critical areas, particularly in artificial intelligence. The layoffs are expected to yield significant cost savings for the company.
Conservative
0
Core Estimate
188
Upper Bound
251
Sources
PayPal Expands Layoffs, San Jose Employees Face Job Losses
PayPal Expands Layoffs, San Jose Employees Face Job Losses # PayPal Expands Layoffs, San Jose Employees Face Job Losses September 6, 2026 Staff Reporter Business, Economy, Politics 0 > PayPal is set to lay off 251 employees at its San Jose headquarters as part of a larger initiative to reduce its global workforce by 20%. PayPal is preparing to implement significant job cuts at its San Jose headquarters, with 251 employees facing layoffs as the company continues its broader effort to reduce