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PayPal

Every story tagged PayPal on AI Chat Daily.

PayPal to cut 4,500 jobs in $1.5bn AI-driven restructuring

CareersLead story

PayPal to cut 4,500 jobs in $1.5bn AI-driven restructuring

New chief executive Enrique Lores frames the layoffs as a two-to-three-year push to make PayPal a technology company again.

Jaeden SchaferEditor in ChiefMay 54 min read

More tagged PayPal

PayPal

PayPal pitches AI turnaround with $1.5B in cuts and 4,500 layoffs

CEO Enrique Lores told investors PayPal is 'becoming a technology company again' as the stock sits 80% below its 2021 high.

Jaeden SchaferMay 54 min read