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STRONGAI LAYOFF

PayPal: 251 jobs cut

September 6, 2026United StatesFinancePayPal

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

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